Question 2015 Marks) On August 1. AINoor, Inc. exchanged productive assets with AlSafwa, Inc. AINoor's asset is referred to below as Asset A. and AlSafwas' is referred to as Asset B. The following facts relate to these assets. Original cost Accumulated depreciation (to date of exchange) Fair value at date of exchange Cash paid by Alnoor, Inc. Cash received by Alsafwa, Inc. Asset A Asset B 96,000 110,000 40,000 47.000 60,000 75.000 15.000 15.000 Required: a) Assuming that the exchange of Assets A and B has commercial substance, record the exchange for both companies. b) Assuming that the exchange of Assets A and B lacks commercial substance, record the exchange for both companies