Assume Boltwood Manufacturing bought three machines in a $80,000 lump-sum purchase. An independent appraiser valued the machines as follows: (Click the icon to view the valuation.) Boltwood paid one-third in cash and signed a note payable for the remainder. What is each machine's individual cost? Immediately after making this purchase Boltwood sold machine 2 for its appraised value. What is the result of the sale? Prepare the journal entry to record the sale. KORO Boltwood paid one-third in cash and signed a note payable for the remainder. What is each machine's individual cost? (Round the proportions to three decimal places. Round your final costs answers to the nearest whole dollar.) Machine 1's cost is $ Les 1 x Valuation Machine Number Appraised Value 1 $ 26,000 2 43,000 3 39.000 Print Done