Pillar Company exchanged 1,000 shares of Larson Company common stock, which Pillar was holding as an investment, for equipment from Nathan Company. The Larson Company common stock, which had been purchased by Pillar for $50 per share, had a quoted market value of $58 per share at the date of exchange. The equipment had a recorded amount on Nathan's books of $52,500. What journal entry should Pillar make to record this exchange?