During the current year, Garrision construction trades an old truck that has a 2:5. value of 80000 (original cost 140000 less accumulated depreciation 60000 ; for new truck from Keillor manufacturing Company. The new truck cost Keillor 165000 to manufacture and is classified as inventory. The following information is available. Instructions : a) Assume that this exchange is considered to have commercial substance, prepare the journal entries on the books of ( 1 ) Garrison Co. and ( 2 ) Keillor Co. b) Assuming that this exchange lacks commercial substance for Garrison, prepare the journal entries on the books of Garrison Co. c) Assuming the same facts as those in ( a ) except that the fair market value of the old truck is 98000 and the cash paid is 92000 , prepare the journal entries on the books of ( 1 ) Garrison Co, and ( 2 ) Keillor CO. d) Assuming the same facts as those in ( b ) except that the fair value of the old truck is 87000 and the cash paid 103000 , prepare the journal entries on the books of (1) Garrison Co. and ( 2 ) Keillor Co