On January 1, 2019, HBW, Inc. purchased three machines for $400,000 The following information is available concerning the machines that were purchased: Machine A Machine B Machine C Market Value $105,000 $189,000 $126,000 Before the property could be used, HBW, Inc. had to spend $9,000 on Machine A, $6,000 on Machine B, and $5,000 on Machine C to get the assets into working order. Assume Machine B was assigned an $18,000 residual value, a twenty year life, and was being depreciated using the straight-line depreciation method. On June 1, 2028 Machine B was sold for $35,600. Calculate the amount of the loss recorded on the sale of Machine B. Do not put a minus sign in front of your answer when entering it into carmen