Record disposal by exchange of equipment.

BE$9\mathrm{.}15($LO $4)$ AP Demeter Company exchanges an industrial oven for an industrial freezer. The carrying amount of the industrial oven is $$31,000($cost $$61,0$ depreciation $$30,000).$ The oven's fair value is $$24,000$ and cash of $$5,000$ is paid by Demeter in the exchange. Prepare the entry to record the exchange.