On March AI- Quds Co. exchanged productive assets with Birzeit Co. AI- Quds assets is referred to below as Asse A and Birzeit is referred to as Asset B. The following facts pertains to the assets. Assume the exchange lacks commercial substance. The recognised gain by AI Quds Company is

Information AI Quds Company. Birzeit Company Book value 200000. 100000 acc dep. 90000. 30000 FMV. 760000 cash received 30,000 cash paid. 30000