Answer
through the president's statement, right to gain, he/she simply means that the difference between the fair value and the book value should be recorded in the books of accounting as a gain a statement that I strongly disagree with.
Work Step by Step
This item should not be recorded in the books of accounts as a gain, however; since no performance obligation related to this machine has been created or rather satisfied, through its standards, GAAP can allow the company to record a gain once the machine is sold and as well delivered to the customer.
