Blue Company exchanged equipment used in its manufacturing ope itions plus $4,320 in cash for similar equipment used in the operations of Kingbird Company. The following information pertains to the exchange. Prepare the journat entries to record the exchange on the books of both companies. Assume that the exchange has cormmercial substance. (Credit occount titles are outomotically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the occount titles and enter Ofor the amounts (ist all debit entries before credit entries.)