Assume the same facts as in exercise 10-26 except that the
1. Assume the same facts as in Exercise 10-26, except that the book value of the press traded in is $127,750. (a) What is the amount of cash given? (b) What is the gain or loss on the exchange?
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1 assume the same facts as in exercise 10-26 except that the book value of the press traded in is 127750 a what is the
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