4. Also on Sept. 1, 2020, SpaceX sold an old piece of machinery for $18,950. The original price of the machinery was $40,000, accumulated depreciation is up-to-date and totals $22,500. Date Account 9/1 Cash Accumulated Depreciation Gain Machinery Debit Credit 40,000 22,500 43,550 18,950 A B Date Account Debit Credit 9/1 Cash 18,950 Accumulated Deppreciations 22,500 Loss on Sale Machinery 40,000 D