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Below is the information relative to an exchange of assets by Stanton Company.The exchange lacks commercial substance. Use the following information to answer questions Below is the information relative to an exchange of assets by Stanton Company.The exchange lacks commercial substance. -Which of the following would be correct for Stanton to record in Case II?
-Which of the following would be correct for Stanton to record in Case II? Use the following information to answer questions Below is the information relative to an exchange of assets by Stanton Company.The exchange lacks commercial substance. -Which of the following would be correct for Stanton to record in Case II?

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