Bloomington Inc. exchanged land for equipment and $3,900 in cash. The book value and the fair value of the land were $105,500 and $88,100, respectively Bloomington would record equipment and a gain/floss) of Equipment Gain/(loss) Multiple Choice All of these answer choices are incorrect $105,500S(3,900). $84.200$3,900 $84,200 $(17,400)