Please assist with part b only. Please show work

On August 1, Pronghorn, Inc. exchanged productive assets with Stellar, Inc. Pronghorns asset is referred to below as Asset A, and Stellar is referred to as Asset B. The following facts pertain to these assets.

		Asset A		Asset B
Original cost		$142,080		$162,800
Accumulated depreciation (to date of exchange)		59,200		69,560
Fair value at date of exchange		88,800		111,000
Cash paid by Pronghorn, Inc.		22,200
Cash received by Stellar, Inc.				22,200

Assuming that the exchange of Assets A and B has commercial substance, record the exchange for both Pronghorn, Inc. and Stellar, Inc. in accordance with generally accepted accounting principles. A

Account Titles and Explanation	Debit	Credit
Pronghorn, Inc.s Books
Stellar, Inc.s Books

B

ssuming that the exchange of Assets A and B lacks commercial substance, record the exchange for both Pronghorn, Inc. and Stellar, Inc. in accordance with generally accepted accounting principles.

Account Titles and Explanation	Debit	Credit
Pronghorn, Inc.s Books
Stellar, Inc.s Books