Your answer is partially correct. Sarasota Corporation traded a used truck (cost $26,000, accumulated depreciation $23,400) for a small computer with a fair value of $4,290. Sarasota also paid $650 in the transaction. Prepare the journal entry to record the exchange. (The exchange has 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 for the amounts.) Account Titles and Explanation Debit Credit Equipment 4290 Accumulated Depreciation-Trucks 23400 Trucks 650 Cash