Meiman and Marcus each own tracts of land. Because of the location of their current operations, each would prefer to have the others land. Neiman and Marcus agree to exchange tracts. Marcus pays Neiman $$36,000$ based upon the following data: original cost for neimans land: $$270,000$ original cost for marcus$$s land: $$280,000$ appraised fair value of neimans land at date of the exchange $$300,000.$ Prepare the journal entry to record the exchange on neimans books, assuming the transaction has commercial substance. record it on neimans books assuming the trabsactionsaction lacks commercial substance.