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Sunland Compamy purchased an electric wax melter on Agril 30,2025, try trading in its old gas model and paying the balance in cash. The following data relate to the purchuse. Prepare the lournal entries necessary to record this exchancc, assuming that the exchange (a) has commercial substance and (b) tacis coremercial substance. Surland's fivcal year ends on December 31 , and depreciation has been recorded through December 31,2024. (Crndit occount tilles are atutomatbally indented when amount is entered Do not indent manually. M no entry is required, telect "No Entry" for