Pensacola Inc. purchased equipment on January 1, 2016 for $135,000. Ahor 3 years Pensacola exchanged the equipment for a truck from Maminc nano monetary exchange. The balance in the Accumulated Depreciation account at the time of the exchange was $75,000 Assume the exchange lacks commercial substance At the time of the exchange, the fair value of the equipment was 377,000 and the fair value of the truck was 357,000. Miami paid $20.000 tot to Pensacola What is the cost basis of the truck acquired by Pensacola? $44,415 $52,585 $57,000 O $40,000 None of the above