Soobideach company POLO (Nementary Exchanges) On A with Weins, Inc. Hyde refer to A The lowing facts per the A 1 Hyde, Inc. exchanged productive and Wi r ed to "A " Machine: On December 26, the machine was exchanged for another machine having a fair value of $6,300 and cash of $900 was received. (The exchange lacks commercial substance.) Furniture:On August 15, furniture was contributed to a qualified charitable organization. No other contributions were made or pledged during the year. Automobile: On November 3, the automobile was sold to Jared Winger, a stockholdet. Instructions Indicate how these items would be reported on the income statement of Hollerith Co. (AICPA adapted) Soobideach company POLO (Nementary Exchanges) On A with Weins, Inc. Hyde refer to A The lowing facts per the A 1 Hyde, Inc. exchanged productive and Wi r ed to "A " Machine: On December 26, the machine was exchanged for another machine having a fair value of $6,300 and cash of $900 was received. (The exchange lacks commercial substance.) Furniture:On August 15, furniture was contributed to a qualified charitable organization. No other contributions were made or pledged during the year. Automobile: On November 3, the automobile was sold to Jared Winger, a stockholdet. Instructions Indicate how these items would be reported on the income statement of Hollerith Co. (AICPA adapted)