Save SER Below is information relative to an exchange of similar assets by Grand Forks Corp. Assume the exchange hos commercial substance old Equipment Cash Book Value Fair Value Paid Case A $50,880 $60,900 $15,900 Case B $39,400 $34,500 $ 8,800 In Case A. Grand Forks would record the new equipment at Multiple Choice $66.700 $76 800 $50 800 $60,900