Gansac Company exchanged a used machine with a book value of $25,400 (cost $54,300 less $27,900 accumulated depreciation) and cash of S8,300 for a delivery truck. The machine is estimated to have a fair market value of $35,900. The cash flows related to the truck will be different from the cash flows generated from the use of the machine Requirement Prepare the jounal entry to record the exchange on the books of the Gansac Company. (Record debits first, then credits. Exclude explanations from any journal entries.) Account Date of the Exchange