47. A company purchased a weaving machine for $190,000. The machine has a useful life of 8 years and a salvage value of $10,000. It is estimated that the machine could produce 75,000 balts of woven fabric over its useful life. In the first year, 15,000 bolts of fabric were produced. Using the units-of-production method of depreciation, what is the amount of accumulated depreciation at the end of the first year? O $36.000 O S38.000 O S144.000 O S152.000 O S154,000 48. Revenue expenditures: are additional costs of plant assets thet do not materially increase the asset's lIfe or its productive capablites. O are known as balance sheet expendmures eceuse they relate to plant assets O extend the asset's useful life. O substantially benefit future periods O are cebited to asset accounts when incurred. 49. An asset with a cost of $67,000 and accumulored depreclation of $43000 is sold for $25.000. the company should record O a loss on sale of $24,000. O is recognized on this trarsaction. O a loss on sale of $1.000. O a gain on sale of $1.000 O a gain on saie of $52.000 neither a gain nor a loss