Flounder Corporation donates equipment and a truck to the community Home Assistance Centre. The equipment had a cost of $95,000, accumulated depreciation to the contribution date of $45,000, and a fair value of $42,000. The truck had a cost of $44,000, accumulated depreciation to the contribution date of $42,000, and a fair value of $22,000. Prepare the journal entry Flounder Corporation would make for the donation