E10.19 (LO3) (Non-Monetary Exchange) Santana SA exchanged equipment used in its manufacturing operations plus R$2,000 in cash for similar equipment used in the operations of Delaware Co. The following information pertains to the exchange. Santana SA Delaware Co Equipment (cost) R$28,000 R$28,000 Accumulated depreciation 19,000 10,000 Fair value of equipment 13,500 15,500 Cash given up 2,000 Instructions a. Prepare the journal entries to record the exchange on the books of both companies. Assume that the exchange lacks commercial substance. b. Prepare the journal entries to record the exchange on the books of both companies. Assume that the exchange has commercial substance