XYZ Corp exchanged equipment plus $5,000 in cash for similar equipment used in the operations of ABC Corp. The following information pertains to the exchange: XYZ Corp ABC Corp Equipment $50,000 $50,000 Accumulated Depreciation $40,000 $10,000 Fair Value Equipment $25,000 $30,000 Cash given up $5,000 What is the gain that XYZ Corp can recognize on the transaction? Assume there is no commercial substance.