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  3. tinker toys, inc. traded a used delivery van (cost

Tinker Toys, Inc. traded a used delivery van (cost 20,000 and accumulated depreciation 18,000) for...

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Accounting

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Tinker Toys, Inc. traded a used delivery van (cost 20,000 and accumulated depreciation 18,000) for a computer worth $4,488 .Tinker also paid $680 in the transaction. (assume the transaction lacks commercial substance). Show work. How much gain, if any, does tinker defer? $ At what amount doe tinker record the computer on its books?$ a. b

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