Here is the question:

The property, plant, and equipment accounts for Teal Company held the following opening balances on January 1, 2020 (the first day of Teal's scal year): Land $454,000 Equipment 781,000 Accumulated Depreciation Equipment 142,000 Machinery 455,000 Accumulated DepreciationMachinery 160,000 The following transactions took place during 2020 (assume all transactions took place on January 1): Teal Company paid $18,700 related to the machinery and $7,500 related to the equipment for maintenance to keep the assets in normal working order. b. Equipment with an original cost of $40,500 and accumulated depreciation of $31,700 was traded in on some new equipment. The new equipment had a fair value of $54,700, and Teal was given a trade in allowance of $4,100 for the old equipment. c. Teal Company made an agreement with GRN Ltd. to exchange two similar plots of land. Teal's land had an original cost of $454,000 and a fair value of $767,000. GRN's land had an original cost of $478,700 and a fair value of $803,800. Teal also paid $36,800 in cash to GRN as part of the transaction. The exchange lacks commercial substance. d. Teal paid $68,100 on a major upgrade to some of the equipment that signicantly increased the economic life of the equipment. Prepare the journal entries to record the above transactions on the books of Teal Company. (Credit account titles are automatically indented when the 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.) No. Account Titles and Explanation Debit Credit a. b. C. d