Business, 25.03.2020 04:07, cubist7472

The Pizza Store trades in a delivery car for a newer model. The old delivery car has a cost of $ 9 comma 000 and accumulated depreciation of $ 7 comma 000. The Pizza Store pays cash of $ 6 comma 000. The fair value of the newer car is $ 17 comma 000. What is the gain or loss for the Pizza Store on the exchange of vehicles?

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The Pizza Store trades in a delivery car for a newer model. The old delivery car has a cost of $ 9 c...