Blue Spruce Company exchanges old delivery equipment for new delivery equipment. The book value of the old delivery equipment is $30,900 (cost $60,100 less accumulated depreciation $29,200 ). Its fair value is $49,500, and cash of $5,300 is paid. Prepare the entry to record the exchange. (List all debit entries before credit entries. 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 and enter 0 for the amounts. Include in your journal entry separate account entries for both the new and old equipment.)