Question: A Moving to another question will save this response. >> Saved Question 26 2.5 points Rory City traded in a used pickup for a new

A Moving to another question will save this response. >> Saved Question 26 2.5 points Rory City traded in a used pickup for a new pickup truck with a sticker price of $44,000. The old pickup had a fair value of $26,000, historical cost of $47,000, and accumulated depreciation of $18,000. The dealer took the old truck and $15,000 for the new truck. The new truck should be reported on the general fund financial statements at $0. $42,000. $44,000. $41,000 A Moving to another question will save this response. Close Window
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