A unit of equipment with an original cost of $34,000 and a book value of $4,000 is exchanged for a similar asset with a list price of $40,000. A$7,000 trade-in is offered in the exchange. (There was commercial substance.) The journal entry to record the exchange and the cash paid, would include which of the following? Select ALL correct answers credit to the Equipment account for $34,000 credit to the Equipment account for $4,000 credit to Cash for $33,000 debit to Cash for $33,000 credit to the Gain on Exchange of Assets account for $3,000