Below is the information relative to an exchange of assets by Bonita Industries. The exchange lacks commercial substance. Old Equipment Book Value Fair Value Cash Paid Case I $473000 $518000 $86500 Case II $293000 $258500 $38600 Which of the following would be correct for Bonita to record in Case II? Record Equipment Record a gain (loss) of: O at: $331600 $34500 $293000 $297100 $293000 $4100 $(34500) $(4100)