Alamo Co. exchanged land and $18,000 cash for similar land. The cost of the old land was $82,000 and the appraised value is $90,000. SHOW ALL COMPUTATIONS. a) Prepare the journal entry assuming that the exchange has commercial substance. b) Prepare the journal entry assuming that the exchange lacks commercial substance. c) Prepare the journal entry except that Alamo received $9,000 cash in the exchange and it lacks commercial substance.