Quezon 2 Tres remaining 1 Sale of Machinery Marked out of 11.11 Flug question Raine Company has a machine that originally cost $238,000. Depreciation has been recorded for five years using the straight-line method, with a $17.500 estimated salvage value at the end of an expected nine-year life. After recording depreciation at the end of the fifth year, Raine sells the machine. a. Calculate the book value of the machine at the end of five years. b. Calculate the gain/loss on the sale of the machine for: $129.500 cash. $115,500 cash. $98,000 cash. S Enter losses using negative numbers Check Previous Save Answers Next