The Bussell Company exchanged the following assets during 2007:

1. Acquired a newer machine by paying $4,000 cash and giving a machine that originally cost $40,000, has a book value of $25,000, and is worth $30,000.

2. Same facts as in item 1, except that the asset being surrendered has a book value of $33,000.

3. Acquired a newer machine by giving a machine that originally cost $45,000, has a book value of $20,000, and is worth $32,000. In addition $5,000 cash was received.

4. Same facts as in item 3, except that the asset being surrendered has a book value of $36,000.

5. Acquired a newer machine worth $90,000 by giving up a machine of equal value. The machine surrendered had originally cost $150,000 and has a book value of $80,000.

6. Same facts as in item 5, except that the asset being surrendered has a book value of $94,000.

7. Acquired a building in exchange for land that had originally cost $130,000 and is now worth $200,000.

8. Same facts as in item 7, except that $30,000 was paid.

9. Same facts as in item 7, except that $20,000 was received.

Required

Prepare the journal entry to record each acquisition of the Bussell Company.