Waterway Company exchanged equipment used in its manufacturing operations plus $4,140 in cash for similar equipment used in the operations of Wildhorse Company. The following information pertains to the exchange. Trepare the journal entries to record the exchange on the books of both companies. Assume that the exchange lacks commercial substance. (Credit eccount titles are automatically indented when amount is entered. Do not indent manualify, If no entry is required, select "No Entry" for the occount tities ond enter O for the amounts. List all debit entries before credit entries.)