Horton Stores exchanged land and cash of $4,300 for similar tand. The book value and the fair value of the land were $89.100 and $101,800, respect Assuming that the exchange has commercial substance, Horton would record land-new and again foss) on exchange of assets in the amounts of: Gain/(los) $106,100 b. $106,100 $12,700 $ 93,400 $ $ 93,400 $12,700 Land $ 0 d. Multiple Choice Option A O Option C Option D Option B