Jse the following to answer questions 2022 AL Construction is in the process of closing its operations. It sold its 4-year-old Caterpillar 279C Compact Track Loader for $125,000. The loader originally cost $250,000 and had an estimated useful life of 7 years and an estimated residual value of $40,000. The company uses straight-line depreciation for all equipment. 20. $ Calculate the book value of the loader at the end of the 4 th year. 21. \$ What was the gain or loss on the sale of the loader at the end of the 4th year; (if loss, put - in front of your answer). 22. Record the sale of the loader at the end of the 4 th year