Siegle Company exchanged 400 shares of Guinn Company common stock, which Siegle was holding as an investment, for equipment from Mayo Company.

Siegle Company exchanged 400 shares of Guinn Company common stock, which Siegle was holding as an investment, for equipment from Mayo Company. The Guinn Company common stock, which had been purchased by Siegle for $50 per share, had a quoted market value of $58 per share at the date of exchange. The equipment had a recorded amount on Mayo's books of $21,000. What journal entry should Siegle make to record this exchange?