Wabanaki Company has a machine with a cost of $200,000 and accumulated depreciation of $140,000. It trades with another company for a dissimilar machine that has an estimated fair market value of $80,000 and also has to give the other company $10,000. The new machine would be set up on Wabanaki's books at: Multiple Choice $70,000 $60,000 $90,000Incorrect None of the other alternatives are correct $80,000