Question 8 1.5 pts Assume you purchased a crane for $900,000 ten years ago. Accumulated depreciation has a balance of $460,000 and you sell the crane for $480,000. What is the book value of the crane? $ Was there a gain or loss on the sale? (enter either the word gain or the word loss) How much was the gain/loss? $ (enter only the number do not specify +/-) Question 9 0.5 pts You purchase another company for $50m. The company you purchase has assets with a fair value of $75m and liabilities with a fair value of $30m. The amount of goodwill you would record in this transaction is: $5m $45m $75m $50m