Question 2 (15 marks) On February 24, Delmar Company made an agreement to exchange assets with anvother company. Delmar gave up equipment that had an original cost of $72,300. Delmar had recorded $37,500 in accumulated depreciation over its ownership of this equipment. The equipment had been given a fair value of $30.500 at the time of the exchange. In addition, Delmar paid $9,200 in cash to the ather company. Assume that IFRS and that the transaction has commercial substance. Instructions Prepare the journal entry to record the asset exchange on Deimar's books