On December 31, 2021 Sheridan Company sold for $151100 an oldmachine having an original cost of $170400 and a book value of$121200. The terms of the sale were as follows: $29900 down payment$59800 \( \$ 121200 \). The terms of the sale were as follows: \( \$ 29900 \) down payment \( \$ 59800 \) payable on December 31 each of the next two years The agreement of sale made no mention of interest; 2 answers