Blossom Inc. and Crane Co. have an exchange with commercial substance. The asset given up by Blossom has a book value of $69000 and a fair value of $87000. The asset given up by Crane has a book value of $131000 and a fair value of $125000. Boot of $38000 is received by Crane. Crane's journal entry to record the exchange will include a debit to Loss on Disposal of $6000 a credit to the asset account for $69000 a debit to Cash of $6000. a debit to the asset account for $131000