Equipment was acquired for $256,000 and has accumulated depreciation of $187,000. the business exchanges this equipment for new equipment. the new equipment has a market value of $208,000 and the business pays $159,000 cash. assume the exchange has commercial substance. the exchange results in

exchange results = - $20000 loss

Explanation:

given data

acquired = $256,000

accumulated depreciation = $187,000

market value = $208,000

business pays cash =  $159,000

to find out

The exchange results

solution

we get  exchange results as gain or loss that is calculate as

exchange results = market value - book value of assets exchange - cash paid  1

here book value of assets exchange = acquired - accumulated depreciation

book value of assets exchange =  $256,000 - $187,000 = $69000

so from equation 1

exchange results = market value - book value of assets exchange - cash

exchange results = $208,000 - $69000 - $159,000

exchange results = - $20000 loss

metallurgy is your answer

the "study of metals and the process of refining ("

note that it says metal. metallurgy has the word "metal" in it, and so is most likely your answer (and is your answer).

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answer; the inspector may have found some violation that could cause death or some kind of serious injury;