Question 4 7 pts Peckos Yo Company purchased a machine for $104,000 in cash on July 31, 20X1. The machine has an estimated useful life of 12 years and an estimated salvage value of $8,000. Peckos Yo Company uses the straight-line method for computing depreciation expense. Which ONE of the following is included in the journal entry necessary to record the sale of the machine of $51,000 cash at the end of 20X4? Note: The sale takes place after the recording of depreciation expense for 20X4 has been completed. O A CREDIT to Loss on Sale of Machine for $25,667 O A DEBIT to Loss on Sale of Machine for $21,000 O A CREDIT to Gain on Sale of Machine for $21,000 O A DEBIT to Loss on Sale of Machine for $25,667 3