Presented below are two independent transactions. Both transactions have commercial substance. 1. Bridgeport Co. exchanged old trucks (cost $63,500 less $22,500 accumulated depreciation) plus cash of $16,500 for new trucks. The old trucks had a fair value of $37,900. 2. Sarasota Inc. trades its used machine (cost $12,180 less $4,060 accumulated depreciation) for a new machine. In addition to exchanging the old machine (which had a fair value of $11,320), Sarasota also paid cash of $3,200. (a) Prepare the entry to record the exchange of assets by Bridgeport Co. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the acc