Oriole Corporation wishes to exchange a machine used in its operations. Oriole has received the following offers from other companies in the industry. 1. 2. 3. Waterway Company offered to exchange a similar machine plus $32,200. (The exchange has commercial substance for both parties.) Wildhorse Company offered to exchange a similar machine. (The exchange lacks commercial substance for both parties.) Sheffield Company offered to exchange a similar machine, but wanted $4,200 in addition to Oriole's machine. (The exchange has commercial substance for both parties.) In addition, Oriole contacted Tamarisk Corporation, a dealer in machines. To obtain a new machine, Oriole must pay $130,200 in addition to trading in its old machine. Oriole Waterway Wildhorse Sheffield Tamarisk Machine cost $224,000 $168,000 $212,800 $224,000 $182,000 Accumulated depreciation 84,000 63,000 99,400 105,000 -0- Fair value 128,800 96,600 128,800 133,000 259,000 For each of the four independent situations, prepare the journal entries to record the exchange on the books of each company. (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 O for the amounts. List all debit entries before credit entries.)