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Novak Corporation traded ased truck (kost $23,200, accumulated depreciation $20,880 ) for a sinall computer with a fair value of $3,828, Novak also paid $580

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Novak Corporation traded ased truck (kost $23,200, accumulated depreciation $20,880 ) for a sinall computer with a fair value of $3,828, Novak also paid $580 in the transaction. Prepare the journal entry fo record the exchange, assuming the exchange lacks commercial substance ICredit ocoount bities are outomatically indented when amount is entered. Do not indent manially. If no entry is required, select "No Entry" for the occount bitles and enter Ofor the amounte)

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