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In an exchange with commercial substance, Alpha Co. traded equipment with a cost of $7,700,000 and book value of $2,500,000 and gave $4,420,000 cash. The old machine had a fair value of $2,170,000. Which of the following journal entries would Alpha Co. make to record the exchange

with a cost of $7,700 000 and tak val of 33,500,000 $4,40000 fair value of $2,170,000 Which of the following umalis would Alpha Co make to second de champ In an exchange with commercial substance, Alpha Coaded OA Equipment 6.590.000 Accumulated Depreciation 5.330.000 Equipment Cash 7,700,000 4,420,000 On Equipment Equipment Cash 2,500,000 4.420,000 OC Equipment Loss on Disposal Accumulated Depreciation.. 7,700,000 Equipment Cash 4,420,000 D. Equipment Accumulated Depreciation 12,120,000 Equipment 6,920,000 6,590,000 330,000 5,200,000 6,590,000 5,530,000 In an change with commercial substanc, Alphe Coaded with a cost of $7,700,000 and book value of $3,500,000 and gave $4,400,000 cash The 4 chine had a OA Fappen 6,390,000 Accumulated Depenciation 5,530,000 7,700,000 Fiquipment Cash O qu Equipment 2,500,000 Cash 4,420,000 OC Equipment Loss on Disposal Accumulated Depreciation Equipment 7,700,000 Cash 4,420,000 Equipment Accumulated Depreciation 12,120,000 Equipment 6.920,000 6,990,000 330,000 5,200,000 6,390,000 5,530,000 Equipment Accumulated Depreciation Equipment Cash Equipment Cash Loss on Disposal. Accumulated Depreciation. Equipment Cash Accumulated Depreciation. OA OB Equipment OC. Equipment. OD. Equipment. Equipment 6,590,000 5,530,000 6,920,000 6,590,000 330,000 5,200,000 .6,590,000 5,530,000 7,700,000 4,420,000 2,500,000 4,420,000 7,700,000 4,420,000 12,120,000

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