Company Y plans to exchange one of its old equipment for a new one. The company faces the following two options. In both cases, the exchange would have commercial substance. In Case A, what would be the value of the new equipment that Company Y would record? A. 75,000 B, 65,000 C. 50,000 D. 60,000 Using information above. In Case B, what would be the total gain or loss Company Y would record? A. \$3,000 gain B. $3,000 loss C. $5,000 gain D. $5,000 loss