Mr. Joseph, I personally think it's a longshot that your idea would work. Did you measure the wheels with a micrometer and are you 100% sure they are the same size? Also- both of these locos are designed like toy trains. You would have to remove the wheels with a wheel puller, or by driving the axle out through the center. Then you'll have to press them on individually, and in "quarter," i.e., the angle between crankpins for wheels on opposite sides of the same axle has to be exactly the same for all four axles. If you're not a machinist and you've never done this before, your chances of ever getting it to run smoothly are low.
It sounds like you've bought another loco and I hope you have success with it. I personally avoid any of the Premier "scale wheeled" locos. IMO the whole Proto 3-2 concept was poorly executed; the potential for disappointment and frustration is very high. My $.02.