Question: E 1 0 - 1 5 Nonmonetary exchange LO 1 0 - 6 Assume the same facts as in E 1 0 - 1 4

E 10-15 Nonmonetary exchange LO10-6
Assume the same facts as in E10-14, except that the fair value of the old equipment is $170,000,
Required:
Prepare the journal entry to record the exchange.
E 10-15 Nonmonetary exchange LO10-6 Assume the same facts as in

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