Moving to the next question prevent changes to this answer Question 17 of 20 Question 17 1.5 points A company exchanges its old office equipment and SR80,000 for new office equipment. The old office equipment has a book value of SR56.000 and a far value of SAS on the date of the exchange the cost of the new office equipment would be recorded at SR136,000 SR120.000 506,000 cannot be determined. A Click Submit to complete this assessment. Question 20 The first step in the liquidation of a partnership is to allocate a gain or loss on realization to the partners. distribute remaining cash to the partners. O pay partnership liabilities. sell noncash assets and recognize a gain or loss on realization