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Sale of Plant Asset Lone Pine Company has a machine that orginally cost 560,000. Depreciation has been recorded for four years thing the straight line

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Sale of Plant Asset Lone Pine Company has a machine that orginally cost 560,000. Depreciation has been recorded for four years thing the straight line method with a $5.00 imated value at the end of an expected ten year le Arter recording depreciation at the end of four years, Cone Pine sells the machine Prepare the journal entry to record the machine's sale for Cound to the nearest for) 139,000 cash Slash ROCO cash Gerrallournal Dale Description Cih heated Depression moment Credit O Debit 99.000 3.2.500 O en on 3 LO 22.000 DOO Gain on Sale of Plants To recorde mich Coch Adre fouet To record of maline can Tant Armenian Nations TO O 24,000 10,000

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