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Business, 04.04.2020 10:56 CarlsonB

Radner Shipping purchased a truck and a trailer for $90,000. An appraisal has set the fair market values of the truck and the trailer at $60,000 and $40,000, respectively. At what amount should Radner record the truck?

a. $60,000
b. $54,000
c. $36,000
d. $0

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