Beerbo Inc. traded a used truck for a small computer. Before this exchange of non-monetary assets (ENMA), Beerbo's balance sheet show the used truck at a cost of $30,000 with an accumulated depreciation balance of $27,000. The fair value of the small computer was $37,000. Beerbo also paid $36,000 in the transaction.

Assume the ENMA lacks commercial substance.

What is the total fair value given by Beerbo in this transaction?

What is the total fair value received by Beerbo in this transaction?