plz help with the incorrect answers

Return to question 3 Cedric Company recently traded in an alder model of equipment for a new model. The old model's book value was $301,000 (original cost of $631,000 less 5330,000 in accumulated depreciation, and its fair value of the old equipment is $280,000. Cedric paid $71.000 to complete the exchange which has commercial substance. 0.61 points Required: Prepare the journal entry to record the exchange. (if no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Answer is not complete. No Transaction Debit Credit 361,000 330,000 General Journal Equipment - now Accumulated depreciation Equipment - old Cash Gain on exchange of assets 330,000 71,000 21,000 x Return to question 6 Cedric Company recently traded in an older model of equipment for a new model. The old model's book value was $234,000 (original cost of $514,000 less $280,000 in accumulated depreciation) and its fair value was $260,000. Cedric paid $66,000 to complete the exchange which has commercial substance. 0.61 points Required: Prepare the journal entry to record the exchange. (if no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Answer is not complete. No Transaction Debi Credit General Journal Equipment new Accumulated depreciation Loss on exchange of asset Equipment - Old Cash 320,000 280,000 46,000 x 514,000 FIOCID