Sale of Machinery Raine Company has a machine that originally cost $136,000. Depreciation has been recorded for five years using the straight-line method, with a $10,000 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. $ 0 b. Calculate the gain/loss on the sale of the mathine for: i. $74,000 cash. $ 0 ii. $66,000 cash. $ 0 ii. $56,000 cash. $ 0 Enter losses using negative numbers. Check