Question 40 Kross Co. exchanged land and $18,000 cash for equipment. The book value and the fair value of the land were $212.000 and $180,000 specvely Asaning that the exchange ha commercial substance, Kross would record equipment at and record a gain (os) of Equipment O $198,000 $(32,000) O $180,000 $(50,000) O $216,000 O $212,000 $32,000 $118,000) Gain osa)