Sunland Corporation wishes to exchange a machine used in its operations, Sunland has received the following offers from other companies in the industry. 1. Coronada Company offered to exchange a similar machine plus $28,980. (The exchange has commercial substance for both partiesi) 2. Whispering Company offered to exchange a similar machine. (The exchange lacks commercial substance for both parties.) 3. Metlock Company offered to exchangea similar machine, but wanted $3,780 in addition to Sunland's machine, (The exchange: has commercial substance for both parties.) In addition, Sunland contacted Bonita Corporation, a dealer in machines. To obtain a new machine, Sunland must pay $117.180 in addition to trading in its old machine For each of the four independent situations, prepare the journal entries to record the exchange on the books of each company. (Credit occount titles are outomatically 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, (ist all debit entries before credit entries) No. Account Titles and Explanation Debit Credit 1. Sunland Corporation Coronado Company. 2. Sunland Corporation 2. Sunland Corporation Whisperiog Company 3. Sunland Corporation Metlock Company 4. Sunland Corporation Bonita Company. Bonita Company (To record revenue) (To record cost of inventory)