During 2016. Stora Company completed the following transactions (Click the icon to view transactions.) Record the transactions in the lournal of Stora Company. (Record dehits first, then credits Select the explanation on the last line of the tournal antiv table) Jan 1 Traded in old office equipment with book value of 564,000 (cost of $158,000 and accumulated depreciation of 594.000) for new equipment Stora ako paid $100.000 in cash Fair value of new equipment is $170,500. Assume the exchange had commercial substance. (Record a single compound journal entry) Dato Accounts and Explanation Debit Credit Jan. 1 Clear all Check answer Help me solve this Demodocs example Get more help