Question: Clone Window Moving to another question will save this response. Question 22 of 40 Save Aromer Micro Question 22 2.5 points Rory City traded in

 Clone Window Moving to another question will save this response. Question
22 of 40 Save Aromer Micro Question 22 2.5 points Rory City

Clone Window Moving to another question will save this response. Question 22 of 40 Save Aromer Micro Question 22 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 $20,000, 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 amount of gain or loss that should be recognized on this transaction in the government-wide financial statements is $0 $1.000 gain $3,000 loss. $1,000 loss. invo Moving to another question will save this response. Question 22 of 40 Close w Cene Window Ve Moving to another question will save this response Question 23 of 40 Question 23 25 points During the year, Private College received the following An unrestricted $10,000 pledge to be paid the following year. A $70.000 cash restricted for scholarships. A notice from recent graduate that the college is named as a beneficiary of $25,000 in that graduates wil. What amount of contribution revenue should Private Colete report in its statement of activities? 10,000 $70,000 $105,000 $80,000

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