Question 6 (of 23) Alamos Co. exchanged equlpment and $18,100 cash for simillar equipment. The...
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Question 6 (of 23) Alamos Co. exchanged equlpment and $18,100 cash for simillar equipment. The book value and the fair value of the old equipment were $80,200 and $90,900, respectively. Assuming that the exchange has commercial substance, Alamos would record a gain/loss) of O $/10700 O $28.800 O so $0. $10,700 MacBook Air 20 FI F3 F5 F6 2 4
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