Consider the following information relating to the non-monetary exchange of assets. Fair value of assets given up $120,000 Fair value of assets acquired $150,000 Carrying value of assets given up $65,000 Carrying value of assets acquired $100,000 Cash paid in the exchange $30,000 Assuming the transaction does not have commercial substance, the acquired asset would be valued at

A. $65000

B. $150000

C. $95000

D. $120000