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Bud exchanges a business use machine with an adjusted basis of $22,000 and a fair...

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Accounting

Bud exchanges a business use machine with an adjusted basis of $22,000 and a fair market value of $30,000 for another business use machine with a fair market value of $28,000 and $2,000 cash. What is Bud's recognized gain or loss?

8000?

6000?

2000?

0?

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