SC HW Score: 0%, 0f 5 pts Question Help Score: 0 of 1 pt 5 of 5(0 complete P9A-35A (similar to) During 2018 Luna Corporation completed the following transactions (Click the icon to view transactions Record the transactions in the journal of Cora Corporation Record debt finst the credits Select the explanation on the lastne of the jumal entry table) Jan 1 Traded in old ficourt with book value of $45.000 (out of 5104,000 and accumulated depreciation of 129.000) for new Lenora au paid 595,000 in cash. Fair value of woment is 5145 000 Assume the exchange had connect substance Record a single compound many Accounts and Explanation Dobil Credit More Info - X Traded in old office equipment with book value of $45,000 (cost of $104,000 and accumulated depreciation of $59,000) for new equipment. Lenora also paid $95.000 in cash. Fair value of new equipment is $146,000 Assume the exchange had Jan. 1 commercial substance. Sold equipment that cost $42.000 (accumulated depreciation of $35.000 through December 31 of the preceding year). Lenora received $2.900 cash from the sale of the equipment. Depreciation is computed on a straight-line basis. The equipment Apr. 1 has a five-year useful and a residual value of $0. Office equipment is depreciated using the double-declining-balance method over Dec. 31 four years with a $5,000 residual value Print Done s and then click Check