Oriole Company, which has a calendar year accounting period, purchased a new machine for $91800 on April 1, 2016. At that time Oriole expected to use the machine for nine years and then sell it for $9180. The machine was sold for $49200 on Sept. 30, 2021. Assuming straight-line depreciation, no depreciation in the year of acquisition, and a full year of depreciation in the year of retirement, the gain to be recognized at the time of sale would be $9180. $5300. $0. $3300