QUESTION 32 Soppe Company traded machinery with a book value of $285,000 and a fair value of $270,000. It received in exchange from Marlin Company a machine with a fair value of $300,000. Soppe also paid cash of $30,000 in the exchange. Marlin's machine has a book value of $285.000 What amount of gain or loss should Soppe recognize on the exchange? The exchange DOES NOT have commercial substance. Hint: If your answer is a GAIN then just write it as a positive number. If your answer is a loss then put a before the number that's a minus sign)