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Pensacola Inc. exchanged old equipment for new equipment in two exchange transactions. Each transaction has commercial substance. Cash old Equipment Book Value Fair Value $74,600 $80,300 $60,000 $55,000 Equipment A Equipment B Received $11,400 $10,300 For Equipment A, Pensacola would record the new equipment at: Multiple Choice $68.900 O $70,400 O O $56,400. O $73,150