Manama Co. and Muharrag Co. have an exchange with no commercial substance. The asset given up by Manama has a book value of $120,000 and a fair value of $135,000. The asset given up by Muharraq has a book value of $220,000 and a fair value of $200,000. Cash of $75,000 is received by Muharraq. What amount should Manama record for the asset received? O A $135,000 B. $195,000 OC. $185,000 OD $200,000 AB