For Case B, equipment would be reoorded at (gain/loss) of G would also be recorded

The following information relates toan exchange of assets that has commercial substance by Brent Company. QWEquipment ase A ase g 900k Valu $75,000 J $50,000 air Value $85,000 $45,000 atid[ Cash Paid $15,000 $7,000 (gain/loss) of S For Case B, equipment be recorded pt $ would alsobe recorded.