Question Help A machine that was purchased for $120,000 has accumulated depreciation of $70,000. The business exchanges the machine for a new one. The new machine has a market value of $140,000, and the business pays $120,000 cash. Assume the exchange has commercial substance. This exchange results in a O A. loss of $30,000 OB. loss of $50,000 O C. gain of $15,000 OD gain of $30,000 Question Help Dodgers Corp.'s beginning and ending total assets in the year 2019 were $19,200,000 and $22,800,000, respectively. Its asset turnover ratio for the year was calculated to be 1.7 times. Calculate the amount of net sales for the year 2019. O A. $27,120,000 OB. $35,700,000 O C. $43,800,000 OD. $48,600,000