P5. Hawk, Inc. exchanged its truck with a van that Seabird co. owned on 10/1/2019. The following information pertains to the truck and the van: Hawk's Truck Seabird's Van Cost = $60,000, Cost = $50,000 Accumulated depreciation 20,000 A/D= 20,000 Fair Market value = 50,000 Fair Market value= 40,000. Seabird paid cash of $10,000 to Hawk, additionally. Instructions: Prepare any necessary journal entries for Hawk and Seabird a. if it is an exchange without commercial substance. b. If it is an exchange with commercial substance