Textile manufacturer Sunland Corp. exchanges robotic equipment with an original cost of $22,000 and a carrying amount of $10,800 with the equipment rental company Culver Corp. The equipment that is received in exchange from Culver Corp. has an original cost of $40,800 and a carrying amount of $14,900, performs different functions, and has a fair value of $20,800. The individual shareholder owned only 40% of the shares of each company. Because they are closely held companies, they both follow ASPE. Assume that there is independent evidence to support the value of the computer software. Prepare the journal entries for both companies to record the exchange. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.)