Laine Ltd. exchanged a boring machine for a trimming machine from Miller Inc. This exchange will have a significant impact on the future cash flows of Laine Ltd. The exchange was on October 15, 2019 and the details are Laine Ltd. boring machine Cost $400,000 Accumulated depreciation $250,000 Fair value S175.000 Miller Inc. trimming machine Cost $350,000 Accumulated depreciation $190,000 Fair value $200 000 Laine paid $9.000 to Miller as part of the exchange