On January 1, 2020, Crane Inc. sold a piece of equipment to Swifty Ltd. for $161,000, and immediately leased the equipment back. At the time, the equipment was carried on Crane's books at a cost of $242,000, less accumulated depreciation of $97,000. The lease is a capital lease to Crane, with a lease term of 5 years. The equipment under capital lease will be depreciated in Crane's books over five years using double-declining balance depreciation. Calculate the amortization of the deferred gain on sale to be recorded at the end of 2020, if Crane follows ASPE. The amortization of the deferred gain on sale $ Assume that 30% of the gain related to the rights transferred to Swifty and 70% related to the right to use the equipment retained by Crane. Calculate the amount of gain to be recognized by Crane under IFRS 16. The amount of gain $