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Ayayai's Delivery Company and Whispering Winds's Express Delivery exchanged delivery trucks on January 1, 2022. Ayayai's truck cost $21,500It has accumulated depreciation of $14,500 and

Ayayai's Delivery Company and Whispering Winds's Express Delivery exchanged delivery trucks on January 1, 2022. Ayayai's truck cost $21,500It has accumulated depreciation of $14,500 and a fair value of $2,800Whispering Winds's truck cost 8,000It has accumulated depreciation of $6,400 and a fair value of $2,800The transaction has commercial substance

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