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Swifty Inc. and Blossom Co. have an exchange with no commercial substance. The asset given up by Swifty Inc. has a book value of $57000

Swifty Inc. and Blossom Co. have an exchange with no commercial substance. The asset given up by Swifty Inc. has a book value of $57000 and a fair value of $92000. The asset given up by Blossom Co. has a book value of $122000 and a fair value of $119000. Boot of $27000 is received by Blossom Co.
What amount should Swifty Inc. record for the asset received?
O $92000
• $119000
O $84000
• $122000

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