Stellar Company exchanged equipment used in its manufacturing operations plus $3,780 in cash for similar equipment used in the operations of Pearl Company. The following information pertains to the exchange. Equipment (cost) Accumulated depreciation Fair value of equipment Cash given up Stellar Co. $35,280 23,940 15,750 3.780 Pearl Co. $35,200 12,600 19,530 (b) Prepare the journal entries to record the exchange on the books of both companies. Assume that the exchange has commercial substance. (Credit account titles automatically indented when amount is entered. Do not indent manually is required, select "No Entry for the account titles and entera the amounts.) Debit Credit Account Titles and Explanation Stellar Company