16. Below are listed data relative to an exchange of equipment by Tail and Tales, Inc. Assume the exchange has commercial substance. Old Equipment Cash Book Value Fair Value Received Equipment A$75,000 $80,000 $12,000 Equipment B$60,000 $56,000 $10,000 In Case B, Tail and Tales would record a gain/loss) of O A. $4,000. O B. $(4,000). O C. $(10,000). O D. $0