Sale of Plant Asset Raine Company has a machine that originally cost $75,500 Depreciation has been recorded for five years using the straight-line method, with a $1.000 estimated salvage valve at the end of an expected nine-year life. After recording depreciation at the end of five years, Raine sells the machine. Prepare the joumal entry to record the machines sale for (Round to the nearest $55.000 cash h $38,000 cash $34,000 cash Date General Journal Description Debit Credit Accumulated Depreciation Equipment Gain on Sale of Plant Assets To record sale of machine 19 Cash 0 # 0 # 0 To record sale of machine L Cash Accumulated Deprecation-Equpment To record sale of machine Please answer all parts of the question 0 I O A 0 0