Question 26 Not yet answered Gabrielle Inc. and Lucci Company have an exchange with no commercial substance. The asset given up by Gabrielle has a book value of 120,000 and a fair value of 135,000. The asset given up by Lucci has a book value of 220,000 and a fair value of 200,000. Boot of 65,000 is received by Lucci. What amount should Gabrielle record for the asset received? Marked out of 1.00 Flag question Select one: a. 200,000 b. 110,000 c. 185,000 d. 135,000 Question 27 The period of time during which interest must be capitalized ends when Not yet answered Marked out of 1.00 Flag question Select one: O a. no further interest cost is being incurred. b. the asset is abandoned, sold, or fully depreciated. C. the asset is substantially complete and ready for its intended use. d. the activities that are necessary to get the asset ready for its intended use have begun