Looking for help with the debits/credits. Thanks!

The production manager of Sarasota Corporation wants to acquire a different brand of machine by exchanging the machine that it currently uses in operations for the brand of equipment that others in the industry are using. The brand being used by other companies is more comfortable for the operators because it has different attachments that allow the operators to adjust the controls for a variety of arm and hand positions. The production manager has received the following offers from other companies: 1. 2. 3. Secord Corp. offered to give Sarasota a similar machine plus $23,690 in exchange for Sarasota's machine. Bateman Corp. offered a straight exchange for a similar machine with essentially the same value in use. Shripad Corp. offered to exchange a similar machine with the same value in use, but wanted $8,240 cash in addition to Sarasota's machine. Assume that the exchange is nonmonetary and lacks commercial substance. The production manager has also contacted Ansong Corporation, a dealer in machines. To obtain a new machine from Ansong, Sarasota would have to pay $95,790 and also trade in its old machine. 4. Sarasota's equipment has a cost of $164,800, a net book value of $113,300, and a fair value of $94,760. The following table shows the information needed to record the machine exchange between the companies: Bateman Ansong $133,900 Machine cost Accumulated depreciation-machinery Fair value Secord $123,600 46,350 71,070 $151,410 73,130 Shripad $164,800 77,250 103,000 -0- 94,760 190,550 For each of the four independent situations, assume that Sarasota accepts the offer. Prepare the journal entries to record the exchange on the books of each company. Assume that transactions 2 and 3 lack commercial substance for Bateman Company and Shripad Company respectively. (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 for the amounts.) Transaction 1: Sarasota Corporation Account Titles and Explanation Debit Credit Machinery 71,070 Accumulated Depreciation - Machinery Loss on Disposal of Machinery Cash 23,690 Machinery 164,800 Secord Company Account Titles and Explanation Debit Credit Machinery Loss on Disposal of Machinery Accumulated Depreciation - Machinery Machinery Cash Transaction 2: Sarasota Corporation Debit Credit Account Titles and Explanation Machinery Accumulated Depreciation - Machinery Loss on Disposal of Machinery Machinery Bateman Company Account Titles and Explanation Debit Credit Machinery Accumulated Depreciation - Machinery Machinery Transaction 3: Sarasota Corporation Debit Credit Account Titles and Explanation Machinery Accumulated Depreciation - Machinery Loss on Disposal of Machinery Cash Machinery Shripad Company Account Titles and Explanation Debit Credit Machinery Cash Accumulated Depreciation - Machinery Machinery Transaction 4: Sarasota Corporation Account Titles and Explanation Debit Credit Machinery Accumulated Depreciation - Machinery Loss on Disposal of Machinery Cash Machinery Ansong Corporation Debit Credit Account Titles and Explanation Cash Inventory Sales Revenue (To record sale with trade-in) Cost of Goods Sold Inventory (To record cost of goods sold.)