Assume Trois Cuisines Manufacturing bought three machines in a $85,000 lump-sum purchase. An independent appraiser valued the machines as follows: (Click the icon to view the valuation.) Trois Cuisines 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, Trois Cuisines sold machine 2 for its appraised value. What is the result of the sale? Prepare the journal entry to record the sale. Trois Cuisines 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 $18700 Machine 2's cost is $38250 Machine 3's cost is $ 28050 i Valuation Immediately after making this purchase, Trois Cuisines 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 $ 6750 Machine No. Appraised Value Prepare the journal entry to record the sale. (Record debits first, then credits. Explanations are not required.) $ Journal Entry N 22,000 45,000 33,000 3 Date Accounts Debit Credit Cash Print Done Accumulated Depreciation Machine no. 2 Gain on sale of machinery 6750