Ralph Co. and Aryne Co. exchanged similar plots of land with fair values in excess of carrying amounts. No other assets were included in the exchange. This transaction is considered to lack commercial substance. As a result of exchange, Ralph should recognize: A gain in amount determined by the ratio of cash received to total consideration. Neither a gain or loss. OA gain equal to the difference between the fair value and the carrying amount of land given up. A loss of in an amount delination by ratio of cash received to total consideration