Crowe Company purchased a heavy-duty truck on July 1, 2012, for €30,000. It was estimated that it would have a useful life of 10 years and then would have a residual value of €6,000. The company uses the straight-line method. It was traded on August 1, 2016, for a similar truck costing €42,000; €16,000 was allowed as trade-in value (also fair value) on the old truck and €26,000 was paid in cash. A comparison of expected cash flows for the trucks indicates the exchange lacks commercial substance.

What is the entry to record the exchange?