6 Not complete Marked out of 0.53 Flag question Assigning Value to Assets in Nonmonetary Exchange with Commercial Substance DD Inc. traded in its old machine (costing $350,000 with accumulated depreciation of $100,000) for a new machine with a fair value of $160,000 and also received $80,000 cash. If the transaction has commercial substance, what amount does DD assign to the new machine? Amount assigned to machine $ Check