这道题不太理解，老师

问题如下：

Question

A company decided to exchange a truck that it had purchased three years earlier for a piece of land owned by another company. Details related to both items are provided below:

The company that acquires the truck will most likely record its purchase price as:

选项：

A.$20,000.00 B.$40,000.00 C.$24,576.00

解释：

Solution

A is correct. When an asset is acquired through an exchange, the cost of the asset acquired is the fair value given up unless the fair value of the asset acquired is more clearly evident. Because the fair value of the land is unknown, the cost is the fair value of the asset acquired, which is $20,000.

B is incorrect. It is the difference between the original land value and the fair value of the truck: $60,000 – $20,000 = $40,000.

C is incorrect. This is the carrying cost of the truck using the declining balance method: $48,000 × (1 – 0.20)³ = $24,576.