Problem 10-10 (Part Level Submission) During the current year, Marigold Construction trades an old crane that has a book value of $97,200 (original cost $151,200 less accumulated depreciation $54,000) for a new crane from Swifty Manufacturing Co. The new crane cost Swifty $178,200 to manufacture and is classified as inventory. The following information is also available. Marigold Const. Swifty Mfg. Co Fair value of old crane Fair value of new crane Cash paid Cash received $88,560 $216,000 127,440 127,440