Question: please help asap! will give thimbs up :) Lindgren Co exchanged an old truck for a new truck and $4,500 cash. The old truck had

please help asap! will give thimbs up :)

Lindgren Co exchanged an old truck for a new truck and $4,500 cash. The old truck had a book value of $16,000 (original cost of $45,000 less $29,000 in accumulated depreciation) and a fair value of $18,700. Prepare the journal entry to record the exchange. [11 points]

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