Alamos Co. exchanged equipment and $18,900 cash for similar equipment. The book value and the fair value of the old equipment were $81,300 and $91,400, respectively. Assuming that the exchange lacks commercial substance, Alamos would record a gain / (loss) of:
A. $29,000.
B. $ (10,100).
C. $ 0.
D. $ 10,100.
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