9. Amble, Inc. exchanged a truck with a carrying amount of P12,000 and a fair value of P20,000 for a truck and P2,500 cash. The cash flows from the new truck are not expected to be significantly different from the cash flows of the old truck. The fair value of the truck received was P17,500. At what amount should Amble record the truck received in the exchange? a. P7,000 C. P10,500 b. P9,500 d. P17,500