Exercise 10-19 Bramble Company exchanged equipment used in its manufacturing operations plus $4,320 in cash for similar equipment used in the operations of Sunland Company. The following information pertains to the exchange. Equipment (cost) Accumulated depreciation Fair value of equipment Cash given up Bramble Co. $40,320 27,360 Sunland Co. $40,320 14,400 22,320 4,320 Prepare the journal entries to record the exchange on the books of both companies. Assume that the exchange lacks commercial substance. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)