SAL PREPARES HIS FINANCIAL STMTS USING STRAIGHT LINE DEPRECIATION. SAL FILES HIS TAX RETURN USING MACRS. MACHINE DEPRECIABLE BASIS LIFE (YEARS) SALVAGE VALUE DATE PLACED IN SERVICE DATE SOLD SALES PRICE 288,000 5 ZERO FEBRUARY 1ST, 01 JAN 1ST, YR 04 108,000 WHAT IS THE LOSS ON SALE FOR FINANCIAL STATEMENT PURPOSES RECORDED ON JANUARY 1ST, YEAR 4? 12000 WHAT IS THE GAIN ON SALE FOR TAX PURPOSES RECORDED ON JANUARY 1ST, YEAR 4? 25056 WHAT IS SAL'S YEAR 4 M-1 ADJUSTMENT RELATED TO THE SALE? 37056 WHAT IS THE NET BOOK VALUE OF THE MACHINE FOR FINANCIAL STATEMENT PURPOSES AT DECEMBER 31ST, O2? 138240