Cullumber Company traded a used truck for a new truck. The used truck cost $37.500 and has accumulated depreciation of $33,750. The new truck is worth $46,250, Cullumber also made a cash payment of $45,000, Prepare Cullumber's entry to record the exchange. (The exchange lacks commercial substance.) (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 for the amounts) Account Titles and Explanation Credit Debit