8 depreciation is used and a residual value of $42.000 for 91,e08 103 3,280 on the machine 101 was revised to five years in total, and the residual value was revised to zero. the on the Journal entry worksheet Clear entry 101 182 103 91,900 The straight-line method is used to determine depreclation on the equipment. On March 31, 2018, Machine 102 was sold for Early in 2018, the useful life of machine 101 was revised to five years in total, and the residual value was revised to zero. 3. Prepare a schedule to calculate the gain or loss on the sale of machine 102 4. Prepare the journal entry for the sale of machine 102 5. Prepare the 2018 year-end journal entries to record depreciation on the building and equipment. Journal entry worksheet Clear entry Journal entry worksheet