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When plant assets are exchanged, the gain or loss on the exchange equals: O A. the difference between the fair value and the book value

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When plant assets are exchanged, the gain or loss on the exchange equals: O A. the difference between the fair value and the book value of the asset given up. B. the difference between the fair value and the book value of the asset received. O c. the fair value of the asset given up plus the cash paid. OD. the fair value of the asset received plus the cash paid

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