When two companies exchange assets in a transaction that lacks commercial substance but includes a small amount of cash, the following is true. O a. the company paying cash can recognize a gain if there is one O b. the company receiving cash cannot recognize a loss if there is one e c. the company paying cash cannot recognize a loss if there is one ed. the company receiving cash can recognize a portion of the gain if there is one When the carrying amount of an asset is not recoverable, an impairment must be made. Events leading to an impairment include a. an adverse change in legal factors affecting the use of the asset b. an adverse change in the business climate O c. a change in the manner in which the asset is used d. a significant decline in market value of the asset O e. all of the above