Exercise #3 15 pts On December 31 2016, Extra company Purchased An equipment in cash at 93,000$. On December 31 2020. Extra company decides to trade in its old equipment for a new one which Costs 79,000$. At this same date, Accumulated depreciation for the OLD equipment recorded 53,000$. Extra company paid in cash 31,000$ for the trade in. Question: Record this trade in transaction in Extra company books