Ivanhoe Limited exchanzed equipment that it uses in its manufacturing operations for similar acuipment that is used in the operations of Sarasota Limited. Ivanhos also paid Sarasata $2,700 in cash. The fallowing information partains to the evchange. (a) Prepare the journal entries to recard the exchange on the books of both companies, assuming the exchange is determinad to have commercial substance. (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. List all debit entries before credit entries.)