CK Exchanged Truck a with SD for Truck B; SD

CK exchanged Truck A with SD for Truck B; SD paid cash to CK of $9,600. Assume that the following data relate to the transaction: $\begin{array} { | l | c | } \hline \text { Carrying value of Truck A to JB } & \$ 8.000 \\\hline \text { Carrying value of Truck B to SD } & 3.600 \\\hline \text { Fair market value of Truck B (per "blue book") } & 2.400 \\\hline\end{array}$
(A) CK should account for this transaction (assume similar assets) as a:
A. 100% exchange.
B. 1/5 sale, 4/
5 exchange.
C. 100% Sale.
D. 4/5 sale, 1/5 exchange.
(B) Give the entry to record the exchange in the accounts of CK.
(C) Give the entry to record the exchange in the accounts of SD.