please explain thoroughly

mplistic Printable... Paid Culinary or Ho... Menus for Tokyo Ca... accrued property taxes. parking lots. Question 16 1 pts Nicklaus Company has decided to sell one of its old machines on June 30, 2013. The machine was purchased for $160,000 on January 1, 2009, and was depreciated on a straight-line basis for 10 years with no salvage value. If the machine was sold for $52,000, what was the amount of the gain or loss recorded at the time of the sale? $36,000. $108,000. $44,000. $92,000 1 pts Question 17