a. GYT Co. exchanges a machine that cost $3,300 and has accumulated amortization of $2,100 for a similar machine. GYT also receives $20 in the exchange. The fair market value of the old asset is $630. The fair market value of the new asset is $610. There is no commercial substance to the transaction. b. FST Co. exchanges a machine that cost $3,400 and has accumulated amortization of $3,000 for a similar machine. FST also receives $20 in the exchange. The fair market value of the old asset is $630. The fair market value of the new asset is $610. There is no commercial substance to the transaction. c. LKC Co. pays $210 and exchanges a machine that cost $2,520 and has accumulated amortization of $1,600 for a similar machine. The fair market value of the old asset is undeterminable. The fair market value of the new asset is $580. The transaction has commercial substance. d. HRT Co. pays $210 and exchanges a machine that cost $1,680 and has accumulated amortization of $1,180 for a similar machine. The fair market value of the old asset is $360. The fair market value of the new asset is $580. The transaction has commercial substance. Assume that the fair value of new asset is more reliable. e. AML Co. pays $420 and exchanges a machine that cost $7,600 and has accumulated amortization of $7,100 for a similar machine. The fair market value of the new asset is $1,300. The transaction has commercial substance. Required: For each situation, determine: 1. The value at which the acquired asset will appear on the company's statement of financial position. 2. The amount of gain or loss that will be recorded on the company's statement of comprehensive income. (Indicate if the answer is a gain or a loss. If no gain or loss is recorded, enter " 0 ")