Current Attempt in Progress

Cynthia Co$.$ exchanged Building $24$ which thas an appraised value of $$4,800,000,$ a cost of $$7,600,000,$ and accumulated depreciation of $$3,619,000$ for Building M belonging to Waterwav Co$.$ Building M has an appraised value of $$4,560,000,$ a cost of $$9,096,000,$ and accumulated depreciation of $$4,747,000$ Cash of $$240,000$ was also paid. Assume depreciation has alreadybeen updated:

Prepare the entries on both companies books assuming the exchange had no commercial substance: $44$x

Cynthia Co$.$