Tamarisk Corporation wishes to exchange a machine used in its operations. Tamarisk has received the following offers from other companies in the industry. 1. Vaughn Company offered to exchange a similar machine plus $30,360. (The exchange has commercial substance for both parties.) 2. Bramble Company offered to exchange a similar machine. (The exchange lacks commercial substance for both parties) 3. Sunland Company offered to exchange a similar machine, but wanted $3,960 in addition to Tamarisk's machine. (The exchange has commercial substance for both parties.) In addition, Tamarisk contacted Coronado Corporation, a dealer in machines. To obtain a new machine, Tamarisk must pay $122,760 in addition to trading in its old machine. For each of the four independent situations, prepare the journal entrles to record the exchange on the books of each company. (Credit account titles are automatically indented when amount is entered. Do not indent manually, II no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. L ist all debit entries before credit entries.) No. Account Titles and Explanation Debit Credit 1. Tamarisk Corporation Vaughn Company 2. Tamarisk Corporation Sunland Company 4. Tamarisk Corporation Coronado Company (To record revenue) (To record cost of inventory)