Banana Inc., a tech company developed a dating app called Catfish. Catfish is fully functional but has not yet been released. Capitalized costs for the app were $2 million. Several companies have made offers to buy Catfish, these offers suggest the fair value of the app is around $5 million. Instead of selling the app, Banana is going to trade Catfish to another tech company in exchange for a toddler education app. The toddler app has capitalized costs of $1.5 million and a fair value of $6 million.

Which section of the FASB Accounting Standards Codification best defines how should Banana Inc. record this transaction? ( Please provide the codification in more details like A-B-C-D form)