Dice Manufacturing Inc. exchanged a forklift for a truck acquired from Lima Equipment and Logistics Ltd$.$ Dice also received a cash consideration of $$13,000.$ Dice expects the future cash flows to change as a result of this transaction and, therefore, the exchange has commercial substance.

The carrying value and fair value of the forklift and truck at the date of the exchange are as follows:

$\backslash$table$[[$Asset$,$Cost,$\backslash$table$[[$Accumulated$],[$Depreciation$]],\backslash$table$[[$Carrying$],[$Value$]],$Fair Value$],[\backslash$table$[[$Forklift $($asset$],[$given up$)]],$$$66,000,$$$10,000,$$$56,000,$$$53,000$