please do not use melter new or melter old as an account

Exercise 10-18 Marin Company purchased an electric wax melter on April 30, 2017, by trading in its old gas model and paying the balance in cash. The following data relate to the purchase. List price of new melter Cash paid Cost of old melter (5-year life, $896 salvage value) Accumulated Depreciation-old melter (straight-line) Secondhand fair value of old melter $20,224 12,800 14,336 8,064 6,656 Prepare the journal entries necessary to record this exchange, assuming that the exchange (a) has commercial substance, and (b) lacks commercial substance. Marin's fiscal year ends on December 31, and depreciation has been recorded through December 31, 2016. (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.) No. Acceant Titles and Explamation ta) Exchange has commercial substance Debit To record current depreciation.) (To record exchange of the equipment (To record current depreciation.) To record exchange of the equipment) Click if you would like to show work for this question: OpenShowork