On August 1, Flint, Inc. exchanged productive assets with Buffalo, Inc. Flint's asset is referred to below as "Asset A," and Buffalo' is referred to as "Asset B." The following facts pertain to these assets. Asset A Asset B Original cost Accumulated depreciation (to date of exchange) Fair value at date of exchange Cash paid by Flint, Inc. Cash received by Buffalo, Inc. $97.920 40,800 61,200 15.300 $112,200 47,940 76,500 15,300 (a) Assuming that the exchange of Assets A and B has commercial substance, record the exchange for both Flint, Inc. and Buffalo, Inc. in accordance with generally accepted accounting principles. (Round answers to 0 decimal places, e.g. 5,275. Credit account titles are automatically indented when amount is entered. Do indent manually. If no entry is required, select "No Entry" for the account titles and enter o for the amounts.) Debit Credit Account Titles and Explanation Flint, Inc.'s Books Debit Credit Account Titles and Explanation Flint, Inc.'s Books Buffalo, Inc.'s Books Assuming that the exchange of Assets A and B lacks commercial substance, record the exchange for both Flint, Inc. and Buffalo, Inc. in accordance with generally accepted accounting principles. (Round intermediate calculations to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places e.g. 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 0 for the amounts.) Debit Credit Account Titles and Explanation Flint, Inc.'s Books Buffalo, Inc.'s Books