I need help with this. could you please continue on Excel and corret any errors.

-15. Schopenhauer Company exchanged an old machine, with a book value of $39,000 and a fair value of $35,000, and paid $10,000 cash for a similar new machine. The transaction has commercial substance. At what amount should the machine acquired in the exchange be recorded on Schopenhauer's books? Schopenhaver incurs a loss on disposal of plant assets of $4,000 on this exchange. The reason is that the book value of the used machine is greater than the fair value of these machines. -16. In exchanges of assets in which the exchange has commercial substance: -15. Schopenhauer Company exchanged an old machine, with a book value of $39,000 and a fair value of $35,000, and paid $10,000 cash for a similar new machine. The transaction has commercial substance. At what amount should the machine acquired in the exchange be recorded on Schopenhauer's books? Schopenhaver incurs a loss on disposal of plant assets of $4,000 on this exchange. The reason is that the book value of the used machine is greater than the fair value of these machines. -16. In exchanges of assets in which the exchange has commercial substance