Assume Riverwood Manufacturing bought three machines in a $100,000 lump-sum purchase. An independent appraiser valued the machines as follows: E (Click the icon to view the valuation.) Riverwood 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, Riverwood sold machine 2 for its appraised value. What is the result of the sale? Prepare the journal entry to record the sale. Riverwood 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 $23501 Machine 2's cost is $ 41475 Machine 3's cost is $ 35023 Immediately after making this purchase, Riverwood sold machine 2 for its appraised value. What is the result of the sale? (Round your answer to nearest dollar.) The result of the sale is a gain of $3525 Prepare the journal entry to record the sale. (Record debits first, then credits. Explanations are not required.) Date Accounts Debit Credit Valuation Machine Number Appraised Value $ 2 25,500 45,000 38,000 3