Grouper Shipping exchanges old delivery equipment for new delivery equipment. The book value of the old delivery equipment is 31,200 (cost 62,000 less accumulated depreciation 30,800 ). Its fair value is 36,500, and cash of 5,700 is paid. Prepare the entry to record the exchange, assuming the transaction has commercial substance. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Report old equipment and new equipment separately. If no entry is required, select "'No Entry"' for the account titles and enter O for the amounts. List all debit entries before credit entries.)