atar Football Co. had a player contract with Messi that is recorded in its books at $8,400 on July 1, 2020. Jordan Football Co. had a player contract with Rami that is recorded in its books at $10,500 on July 1, 2020. On this date, UAE traded Messi to Jordan for Rami and paid a cash difference of $1,0500. The fair value of the Messi contract was $12,600 on the exchange date. The exchange had no commercial substance. After the exchange, the Musa contract should be recorded in UAE's books at a. $9,450. b. $10,500. c. $11,550. d. $12,600. can you do a journal entry to explain this