Horton Stores exchanged land and cash of $5,000 for similar land. The book value and the fair value of the land were $90,000 and $100,000, respectively. Assuming that the exchange lacks commercial substance, Horton would record land-new and a gain/(loss) on exchange of assets in the amounts of: O Land $95.000. $10.000 gain Land $95.000. $0 gain O land $105.000. $0 gain Land $105,000 $10.000 gain