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Sunland Corporation traded a used truck for a new truck. The used truck cost $ 2 5 , 0 0 0 and has accumulated depreciation

Sunland Corporation traded a used truck for a new truck. The used truck cost $25,000 and has accumulated
depreciation of $21,250. The new truck is worth $43,750. Sunland also made a cash payment of $41,250.
Prepare Sunland's entry to record the exchange. (The exchange has commercial substance.)(Credit account titles
are automatically indented when amount is entered. Do not indent manually. If no entry is required,
select "No Entry" for the account titles and enter 0 for the amounts. List all debit entries before
credit entries.)
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