Concept for Analysis 10-4 (Part Level Submission) You have two clients that are considering trading machinery with each other. Although the machines are different from each other, you believe that an assessment of expected cash flows on the exchanged assets will indicate the exchange lacks commercial substan Your clients would prefer that the exchange be deemed to have commercial substance, to allow them to record gains. Here are the facts: Original cost Accumulated depreciation Fair value Cash received (paid) Client A $108,900 38,200 98,100 (27,400) Client B $157,800 79,600 125,500 27,400 (a) Record the trade-in on Client A's books assuming the exchange has commercial substance. (If no entry is required, select "No Entry" for the account titles and enter o for the amounts. Credit account titles are automatically indented when amount entered. Do not indent manually.) Account Titles and Explanation Debit Credit Click if you would like to Show Work for this question: Open Show Work Antal You have Ongia Acceder Farve CA 108,00 SI 100 Record the trade to the changes were forces are not wered. Det C Click you whethew Work for this questi Record the trade-in on Client A's books assuming the exchange lacks commendal substance, Credit account titles are automatically Indented when amount is entered Do not Indont manually.) Account Tities and Explanation Debit Credit SHOW LIST OF ACCOUNTS LINK TO TEXT Record the entry on Client B's books assuming the exchange has commercial substance. (Credit account titles are automatically Indented when amount is ontored. Do not indent manually.) Account Titles and Explanation Debit Credit SHOW LIST OF ACCOUNTS KITO TEXTI Record the entry on Client B's books assuming the exchange lacks commercial substance. (Credit account titles are automatically Indented when amount is entered. Do not indent manually. Round answers to o docimal places, e.g. 48,972. Account Titles and Explanation Debit Credit