Assuming the same facts as those in (a), except that the fair value of the old crane is $133,280 and the cash paid is $138,720, prepare the journal entries on the books of (1) Wildhorse Construction and (2) Sheffield Manufacturing. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles ang enter 0 for the amounts. List all debit entries before credit entries.) During the current year, Wildhorse Construction trades an old crane that has a book value of $122,400 (original cost $190,400 less accumulated depreciation $68,000 ) for a new crane from Sheffield Manufacturing Co. The new crane cost Sheffield $224,400 to manufacture and is classified as inventory. The following information is also available. 2. Sheffield Manufacturing (To record exchange of inventory) (To record cost of inventory) eTextbook and Media List of Accounts Sive for tater Attempts: 0 of 5 used