Just answer the wrong one thank you During the current year, Shamrock Construction Ltd$.$ traded an old crane that had a book value of $$106,200($original cost

$$165,200$ less accumulated depreciation $$59,000)$ for a new crane from Bridgeport Manufacturing Inc. The new crane cost Bridgeport

$$194,700$ to manufacture and is classified as inventory. The following information is also available.

Shamrock Const.

Bridgeport Mfg$.$ Inc.

Fair value of old crane

$$96,760$

Fair value of new crane

$$236,000$

Cash paid

$139,240$

Cash received

$139,240$

Assuming the same facts as those in $($b$),$ except that the fair value of the old crane is $$114,460$ and the cash paid $$121,540,$

prepare the journal entries on the books of $(1)$ Shamrock Construction and $(2)$ Bridgeport Manufacturing. $($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. List all debit entries before credit entries.$)$

No$.$ Account Titles and Explanation

Shamrock Construction Ltd$.$

Equipment

Accumulated Depreciation $-$ Equipment

Gain on Disposal of Equipment

Bridgeport Manufacturing Inc.

$($To record exchange of inventory$)$

$($To record cost of inventory$)$