A machine cost $1104000, has annual depreciation of $184000, and has accumulated depreciation of $874000 on December 31, 2020. On April 1, 2021, when the machine has a fair value of $253000, it is exchanged for a machine with a fair value of $1242000 and the proper amount of cash is paid. The exchange had commercial substance. The gain to be recorded on the exchange is O $46000 O $138000 $0 O $69000