Hardin Company received $120,000 in cash and a used computer with a fair value of $360,000 from Page Corporation for Hardin Company's existing computer having a fair value of $480,000 and an undepreciated cost of $450,000 recorded on its books. The transaction has no commercial substance. How much gain should Hardin recognize on this exchange, and at what amount should the acquired computer be recorded, respectively? a. $0 and $330,000 b. $1,537 and $221,537 c. $30,000 and $360,000 d. $120.000 and $450.000