Alamos Co. exchanged equipment and $18,000 cash for similar equipment. The book value and the fair value of the old equipment were $80,300 and $90,300, respectively.

Assuming that the exchange has commercial substance, Alamos would record a gain/(loss) of:

a)	$(10,000).
b)	$10,000.
c)	$0.
d)	$28,000.