The answer 3600 is wrong.

Assigning value to Assets In Nonmonetary Exchange with Commercial Substance Mariot Inc. trades its old equipment for new equipment with a $4,800 Fair value. Mariot paid $2,800 cash on the exchange. Original cost of old equipment 54.000 Accumulated depreciation on old equipment 3.200 of the transaction has commercial substance, what amount does Mariot assign to the new equipment? Amount assigned to new equipment 3,600 Previous 3 Save Answers