Question 45 Parker company purchased a computer that cost $15,000. It had an estimated useful life of five years and a $3,000 residual value. The computer was deprecia straight-line method and was sold at the end of the fourth year of use for $3,000 cash. The company should record: O a gain of $2,400. a loss of $2,400. O a gain of $3,000 neither a gain nor a loss-the computer was sold at its book value. vious