0 On January 1, 2017. Worldwide Manufacturing purchased a machine for $810,000 that it expected to have a useful life of four years. The company estimated that the residual value of the machine was $50,000. Worldwide Manufacturing used the machine for two years and sold on January 1, 2010. for $350.000. As of December 31, 2018, the mounted depreciation on the machine was $380,000 Read the requirements 1. Calculate the gain or loss on the sale of the machinery Worldwide Manufacturing wil recorda of $ on the sale of the machinery 2. Record the sale of the machine on January 1, 2019.Record debt first, then credits Exclude explanations from my journal entries) Journal Entry Date Accounts Debit Credit Pequirements 2019 Jan 1 1. Calculate the gain or loss on the sale of the machinery 2. Record the sale of the machine on January 1, 2019 Print Done