24. Which statement is incorrect regarding acquisition of property, plant and equipment in exchange for a non- monetary asset, or a combination of monetary and non-monetary asset? 3. An entity determines whether an exchange transaction has commercial substance by considering the extent to which its future cash flows are expected to change as a result of the transaction. b. For the purpose of determining whether an exchange transaction has commercial substance, the entity-specific value of the portion of the entity's operations affected by the transaction shell reflect pre-tax cash flows. " The cost of such an item of property, plant and equipment is measured at fair value. d. If the acquired item is not measured at fair value, its cost is measured at the carrying amount of the asset given up