Policies -ent Attempt in Progress Compute the following questions. A machine that cost $46,800 and on which $34,450 of depreciation had been recorded was disposed of for $13,260. Indicate whet a gain or loss should be recorded, and for what amount. Amount of Assume that the machine of Part a, above, was instead discarded. Indicate whether a gain or loss should be recorded, and for what amount Amount of Assume that the machine of Parta, above, was instead sold for $12.220. Indicate whether a gain or loss should be recorded, and for what amount Amount of 5