Current Attempt in Progress Waterwar Corporation whes to exchange a machine used in its operations. Watorway has received the following olters from other companies in the indistry. 1. Widhorse Company offered to exchange a cinilar machine plus 529.900 , (The cacharge has commercial substinge for both parties.) 2. Sheffield Comparv chfered to ecchurge a simila machine, (The exchunge lacks conmercial substance for both parties) 3. Tamacink Company offered to exchange a simitar machime bot warted 53,900 in addition to Whatenivars muchine ithe enchange has commercial subitance for both parties) addition to triding in its old machine. For each of the four independent situations, prepare the journal entries to record the exchange on the books of each comp occount titles are outomatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" occount titles and enter 0 for the omounts.) Wildhorse Company. 2. Waterway Corporation Sheffield Company. 3. Waterway Corporation Tamarisk Company. 4. Waterway Corporation 4. Waterway Corporation Vaughn Company. (To record exchange of inventory)