Minor Baseball Company had a player contract with Doe that was recorded in its accounting records at $145,000. Better Baseball Company had a player contract with Smith that was recorded in its accounting records at $140,000. Minor traded Doe to Better for Smith by exchanging player contracts. The fair value of each contract was $150,000. Evidence suggested that the contract exchange lacked commercial substance. At what amount should the contracts be valued in accordance with generally accepted accounting principles at the time of the exchange of the player contracts