Bramble Corporation wishes to exchange a machine used in its operations. Bramble has received the following offers from other companies in the industry. 1. Sunland Company offered to exchange a similar machine plus $40,600. (The exchange has commercial substance for both parties.) 2. 3. Coronado Company offered to exchange a similar machine. (The exchange lacks commercial substance for both parties.) Whispering Company offered to exchange a similar machine, but wanted $12,760 in addition to Bramble's machine. (The exchange has commercial substance for both parties.) In addition, Bramble contacted Metlock Corporation, a dealer in machines. To obtain a new machine, Bramble must pay $58,000 in addition to trading in its old machine.