A company purchases a machine for $180.200.on lanuary 1. It has an estimated residual value of $12,800 and an estimated useful life of 18,000 hours. The machine was used as follows: Year 1 5,600 hours Year 2 5,200 hours Year 3 4 ,800 hours Year 4 4,000 hours Determine the amount of depreciation expense for the FOURTH year. A company purchases equipment for $81,500 on January 1, 2016. It has an estimated residual value of $2,500 and an estimated useful life of 5 years. The company uses the straight-line method of depreciation. The company sells the equipment on December 31, 2019 after three full years of ownership for $36,300 cash. Determine the amount of gain or loss on the sale. (Enter a loss as a negative number.) $