Newsworthy Times, Inc. exchanged a printing press and $17,100 cash for similar printing press. The book value and the fair value of the old printing press were $81,500 and $90,100, respectively. Assuming that the exchange has commercial substance, Newsworthy would record a gain/(loss) of: Multiple Choice $8,600 gain. $0. $8,600 loss. $25,700 gain.