Question: hello, I need help with this question please Pensacola Inc. exchanged old equipment for new equipment in two exchange transactions. Each transaction has commercial substance.

hello, I need help with this question please Pensacola Inc. exchanged old equipment for new equipment in two exchange transactions. Each transaction has commercial substance. Old Equipment Cash Book Value Fair Value Received Equipment A $ 73,400 $ 81,100 $ 11,900 Equipment B $ 61,600 $ 55,700 $ 9,600 For Equipment A, Pensacola would record the new equipment at:

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