1.Coco Services exchanged an asset with fair value of $12,000 and a cost of $24,000 (now 40%...

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1.Coco Services exchanged an asset with fair value of $12,000 and a cost of $24,000 (now 40% depreciated) for a nonmonetary asset with a fair value of $12,000. In addition, Coco received $2,000 boot. In the entry to record this exchange, Coco should record