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Business, 21.11.2019 04:31 vcornejo7

Atruck costs $ 128 comma 000 when new and has accumulated depreciation of $ 110 comma 000. suppose jake towing exchanges the truck for a new truck. the new truck has a market value of $ 76 comma 000, and jake pays cash of $ 49 comma 000. assume the exchange has commercial substance. what is the result of this? exchange?

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Atruck costs $ 128 comma 000 when new and has accumulated depreciation of $ 110 comma 000. suppose j...
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