Wall Corporation exchanges old equipment for new equipment. The original cost of the old equipment was $100,000, and its accumulated depreciation at the date of exchange was $60,000. The new asset received had a fair value of $80,000 and a book value of $65,000. The journal entry to record this exchange will include which of the following entries? Credit gain on exchange of asset $4000 Credit equipment $100,000 Debit accumulated depreciation $60,000 Debit equipment $80,000 Debit equipment $65,000 Credit equipment $80,000 Credit accumulated depreciation $60,000