Brief E Sunland Company traded a used welding machine (cost $10,080, accumul ated depreciation $3,360) for office equipment with an estimated fair value of S5,600. Sunland also paid $3,360 cash in the transaction. xercisc 10-10 Prepare the journal entry to record the exchange. (The exchange has commeroal subetance.) (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.) Debit Credit Account Titles and Explanation