On August 1, Ayayai, Inc. exchanged productive assets with Pina, Inc. Ayayai's asset is referred to below as Asset A," and Pina' is referred to as Asset B. The following facts pertain to these assets. Original cost Accumulated depreciation (to date of exchange) Fair value at date of exchange Cash paid by Ayayai, Inc. Cash received by Pina, Inc. Asset A Asset B $99,840 $114,400 41,600 48,880 62,400 78,000 15,600 15,600 Your answer is partially correct. Assuming that the exchange of Assets A and B has commercial substance, record the exchange for lath Ayayai, Inc. and Pina, Inc. in accordance with generally accepted accounting principles. (Round answers to O decimal places, eg. 5,275. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts.) Debit Credit Account Titles and Explanation Ayayai. Inc's Books Accumulatex Depreciation Machinery A) Machinery IA) Gain un Disposal of Mixchinery Cash Machinery SA Pina. Inc's Books Accumulated Depreciation-Machinery B} || Cash Machinery IAI Machinery IB Gain on Disposal of Machinery Assuming that the exchange of Assets A and Blacks commercial substance, record the exchange for both Ayayai, Inc and Pina, Inc. in accordance with generally accepted accounting principles. (Round intermediate calculations to 5 decimal places, e.g. 1.25124 and final answer to O decimal places eg. 58,971. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts.) Debit Credit Account Titles and Explanation Ayayai. Inc's Books Accumulated Depreciation-Machinery Machinery (B! Cash Machinery IAI Pina, Inc.'s Books Accumulated Depreciation Machinery/B Machincry IA) Machinery (3) Gain on Disposal of Machinery