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Rain Company traded a manual weather machine for an automated weather machine and gave $40,000 cash. The manual machine cost $495,000, had a net book

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Rain Company traded a manual weather machine for an automated weather machine and gave $40,000 cash. The manual machine cost $495,000, had a net book value of $350,000, and a fair value of $360,000. The automated machine was originally purchased by Shine Company for $510,000 and had a net book value of $430,000. It has a fair market value of $450,000. Determine the value of the asset received for Rain and Shine assuming the exchange does not have commercial substance.
Please include the appropriate dollar sign and commas (example $25,000).
QUESTION 11 ASSET EXCHANGE Pan Company dodamowe machine and the machine and a 5.000 The most and 566.00 The automated machine was only used by Shine Commando 3000 and had a book of $130.000 that mine 5.450.000 theroved for an and Shine in the charge desconto Please include the appropriate dollar sign and commas tample 55.000 You must how wil work cluding how you are at the statues, on vou vopron al acerto receive and for this problem Value of the Automated Weather Machine on Rain's Books Value of the Manual Weather Machine on Shine's books

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