Crowe AG purchased a heavy$-$duty truck on March $1,2019,$ for $40,000.$ It was estimated that it would have a useful life of $10$ years and would have no residual value. The company uses the straight$-$line method of depreciation. It was traded on August $1,2023,$ for a similar truck costing $41,000$; $15,000$ was allowed as trade$-$in value $($also fair value$)$ on the old truck and $22,000$ was paid in cash. A comparison of expected cash flows for the trucks indicates the exchange has commercial substance. What is the entry to record the exchange?