Crane Company exchanged machinery with an appraised value of $3,450,000, a recorded cost of $5,300,000 and accumulated depreciation of $2,650,000 with Nash Corporation for machinery Nash owns. The machinery has an appraised value of $3,285,000, a recorded cost of $6,300,000, and accumulated depreciation of $3,465,000. Nash also gave Crane $165,000 in the exchange. Assume depreciation has already been updated. Prepare the entries on both companies' books assuming that the exchange lacked commercial substance. (Credit account titles ore outomotically indented when the amount is entered, Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the omounts. List all debit entries before credit entries. Record journal entries in the order presented in the problem. Round answers to 0 decimal places, e.s. 12,515.) Nash Account Titles and Explanation Debit Credit Machinery 2650000 Accumulated Depreciation-Machinery 3465000 Cash \begin{tabular}{|r|} \hline \\ \hline \\ \hline \\ \hline 3465000 \\ \hline \end{tabular} Machinery 5950000