Sandhill Inc. and Wildhorse Co. have an exchange with commercial substance. The asset given up by Sandhill has a book value of $67000 and a fair value of $86000. The asset given up by Wildhorse has a book value of $131000 and a fair value of $125000. Boot of $39000 is received by Wildhorse. Wildhorse's journal entry to record the exchange will include a debit to Cash of $6000. a debit to the asset account for $131000. a debit to Loss on Disposal of $6000 a credit to the asset account for $67000