nli TMobile 931 PM 85 bbcsueastbayedu CPA 11 Amble Inc esch

nli T-Mobile 9:31 PM * 85%- bb.csueastbay.edu CPA 1-1 Amble Inc. eschanged a truck with a book value of $9,000 and a fair value of S12,000 for a track and 52,000 cash. The exchange has commercial sabstance. At what amount should Amble recond the track received? a) 55 s0o b) $7.500 c) $9500 d) $11,000. mo Value of truck received = 9000+2000 = $11000 Option D is correct