accouting question

Molly Inc. exchanged a tract of land with an original cost of $120,000 and a fair value of $144,000 for another tract of land. Molly also paid an additional $6,000 in cash in addition to exchanging the land. For purposes of assessing property tax, the county placed a value of $126,000 on the land that Molly will receive in the exchange. The exchange was considered to lack commercial substance. (Round answers to the nearest dollar; Do not enter dollar signs, decimals, or commas; numbers only) At what amount should Molly record the piece of land received in the exchange. How much gain should Molly record on the exchange? > Question 15 16 pts