Return to course Finish attempt... eBook Prin Question 13 Answer saved Marked out of 1.00 P Flag question Assigning Value to Assets in Nonmonetary Exchange Lacking Commercial Substance Mariot trades in its old equipment for new equipment with a $28,800 fair value. Mariot paid $16,800 cash on the exchange. Original cost of old equipment $24,000 Accumulated depreciation on old equipment $14,400 of the transaction lacks commercial substance, what amount does Mariot assign to the new equipment Amount assigned to new equipment $ 0 Previous Save Answers Next 28 ESC 80 990 000 # ! 1 % N $ 4 3 5 09 Q W tab E R