China Inn and Midwest Chicken exchanged assets. China Inn received a delivery truck and gave equipment. The fair value and book value of the equipment were $14,500 and $10,000 (original cost of $30,000 less accumulated depreciation of $20,000), respectively To equalize market values of the exchanged assets, China Inn pald $7,100 in cash to Midwest Chicken 1. At what amount did China Inn record the delivery truck? Delvery track 2. How much gain or loss did China Inn recognize on the exchange