Current Attempt in Progress

Cynthia Co$.$ ?exchanged Building $24$ ?which thas an appraised value of $$4,800,000,$ ?a cost of $$7,600,000,$ ?and accumulated depreciation of $$3,619,000$ ?for Building M belonging to Waterwav Co$.$ ?Building M has an appraised value of $$4,560,000,$ ?a cost of $$9,096,000,$ ?and accumulated depreciation of $$4,747,000$ ?Cash of $$240,000$ ?was also paid. Assume depreciation has alreadybeen updated:

Prepare the entries on both companies books assuming the exchange had no commercial substance: $44$x

Cynthia Co$.$