2. A machine acquired on January 4, 2009, at a cost of $425,000, has an estimated useful life of nine years and an estimated residual value of $65,000. a. What was the amount of depreciation for the years 2009, 2010, and 2011, using the straight-line method of depreciation? b. What was the book value of the machine on January 1, 2012? C. Assume that the machine was sold on January 9, 2012, for $290,000 journalize the entry to record the sale d. Assume that the machine had been sold on January 9, for $310,000, journalize the entry to record the sale