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PRINTER VERSION BACK MENT Concept for Analysis 10-4 (Part Level Submission) You have two clients that are considering trading machinery with each other. Although the machines are offerent from each other, you believe that to expected cash exchanged assets will indicate the exchange des commercial substance. Your dients would prefer that the exchange be deemed to have comercial substance to them to record are the facts: Here Original cost Accumulated depreciation Fair value Cash received (paid) Client A $102,700 44,000 87,100 (20.400) Client B $160,000 83,300 115,500 28,400 (6) (d) Record the entry on Clent B's books assuming the exchange lacks commercial substance. (Round intermediate calculations to decimal places, e.g. 1. 25124 and final answer to decimal places e.. 58,971. If no entry is required, select "No Entry for the account s and enter for the amounts Credit accountinies are automatically indented when amount entered. Do not indent manually) Account Titles and Explanation Credit Machinery 48,300 28.400 83,300 Accumulated Depreciation Ganon Disposal of Me 18,176 Machinery 160.000