Brief Exercise 10-11 Splish Brothers Ltd. traded a used welding machine (cost $10,600, accumulated depreciation $1,780, fair value $3,710) for equipment with an estimated fair value of $10,220. Splish Brothers also paid $5,110 cash in the transaction. Prepare the journal entry to record the exchange. The equipment results in different cash flows for Splish Brothers, compared with those the welding machine produced. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter o for the amounts.) Account Titles and Explanation Debit Credit