Moore Corporation follows a policy of a 10% depreciation charge per year on all machinery and a 5% depreciation charge per year on buildings. The following transactions occurred in 2018: March 31, 2018- Negotiations which began in 2017 were completed and a building purchased 1/1/09 (depreciation has been properly charged through December 31, 2017) at a cost of $6,064,000 with a fair value of $4,064,000 was exchanged for a second building which also had a fair value of $4,064,000. The exchange had no commercial substance. Both parcels of land which the buildings were located were equal in value, and had a fair value equal to book value. June 30, 2018 Machinery with a cost of $740,000 and accumulated depreciation through January 1 of $555,000 was exchanged with $453,000 cash for a parcel of land with a fair value of $699,000. The exchange had commercial substance. Prepare all appropriate journal entries for Moore Corporation for the above dates. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Date Account Titles and Explanation Debit Credit 3/31/18 Depreciation Expense Accumulated Depreciation-Equipment (To record depreciation.) 3/31/18 (To record exchange of buildings.) 6/30/18 (To record depreciation.) 6/30/18