China Inn and Midwest Chicken exchanged assets. China Inn received delivery equipment and gave restaurant equipment. The fair value and book value of the restaurant equipment were $$14,500$ and $$10,000($original cost of $$30,000$ less accumulated depreciation of $$20,000),$ respectively. To equalize market values of the exchanged assets, China Inn paid $$7,100$ in cash to Midwest Chicken.

Record the gain or loss for China Inn on the exchange of the equipment. $($If no entry is required for a particular transaction$/$event$,$ select $"$No Journal Entry Required" in the first account field.$)$

Answer is not complete.

$\backslash$table$[[$No$,$Transaction,General Journal,Debit,Credit$],[1,1,$Delivery Expense,$x,,14,500$