Tedd company and Jess Company exchanged trucks on January 1, 2012. Tedd's truck cost $140,000, had accumulated depreciation of $115,000 and has a fair value of $15000. Jess's truck cost $105,000, had accumulated depreciation of $90,000, and has a fair value of $15,000. Journalize the exchange for Tedd Company and for Jess Company.