Coronado Inc. and Sandhill Co. have an exchange with no commercial substance. The asset given up by Coronado Inc' has a book value of $59500 and a

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Coronado Inc. and Sandhill Co. have an exchange with no commercial substance. The asset given up by Coronado Inc‘ has a book value of $59500 and a fair value of $94500‘ The asset given up bySandhill Co. has a book value of $124500 and a fair value of $109500. Boot of $15000 Is received by Sandhiil Go. What amount should Coronado Incl record for the asset received? $124500‘ ‘ $745095109500 ,a $. 94500