Swifty Company exchanged equipment used in its manufacturing operations plus $3,900 in cash for similar equipment used in the operations of Nash Company. The following information pertains to the exchange. Swifty Co. Nash Co. Equipment (cost) $36,400 $36,400 Accumulated depreciation 24,700 13,000 Fair value of equipment 16,250 20,150 Cash given up 3,900 Prepare the journal entries to record the exchange on the books of both companies. Assume that the exchange lacks 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 O for the amounts.) Account Titles and Explanation Debit Swifty Company: Nash Company