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Business, 20.12.2019 01:31 crazylife77

City auto parts recently traded in store fixtures. the exchange had commercial substance. the old fixtures had a cost of $ 48 comma 000 and accumulated depreciation of $ 15 comma 000. city paid $ 109 comma 000 for the new store fixtures. these new fixtures had a market value of $ 110 comma 000. there is a loss of $ 32 comma 000 on this exchange.

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