Homework: E106, E10,17, E1019 Question 2 of3 . / 3333 ;: View Policies Current Attempt in Progress Teal Corporation, which manufactures shoes, hired a recent college graduate to work in its accounting department. On therst day of work, the accountant was assigned to total a batch of invoices with the use of an adding machine. Before long, the accountant, who had never before seen such a machine, managed to break the machine Teal Corporation gave the machine plus $428 to Flint Business Machine Company (dealer) in exchange for a new machine. Assume the following information about the machines. Teal Corp. Flint Co. (Old (New Machine) Machine) Machine cost $365 $340 Accumulated depreciation 176 0 Fair value 108 536 For each company, prepare the necessaryjournal 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 0 for the amounts.) Account Titles and Explanation Debit Credit Teal Corporation \f