Krasel Corporation exchanges old equipment for new equipment. The original cost of the old equipment was $$90,000,$ and its accumulated depreciation at the date of exchange was $$70,000.$ The new asset received had a fair value of $$50,000$ and a book value of $$45,000.$ The journal entry to record this exchange will include which of the following entries?

Multiple select question.

Debit equipment $$45,000$

Credit equipment $$70,000$

Credit gain on exchange of asset $$30,000$

Debit equipment $$50,000$

Debit accumulated depreciation $$70,000$

Credit equipment $$90,000$

Credit accumulated depreciation $$70,000$