UNM purchased a parcel of land at S85000 three years ago. In 2016, UNM exchanged the land for a machine owned by CNM. CNM originally paid $200,000 for the machine, and accumulated depreciation was $119,000 at the time of the exchange. UNM also received S10,000 from CNM. The market value of the land was S90,000 at the time of the exchange. a) What is the amount of gain or loss UNM should report from this exchange? b) What is the amount of gain or loss UNM should report from this exchange? o) Prepare journal entries for UNM and CNM