Question: help please Company management decided to sell a machine. The machine cost $125,000, had accumulated depreciation of $85,000, and was sold for $30,000 cash. What

help please
help please Company management decided to sell a machine. The machine cost
$125,000, had accumulated depreciation of $85,000, and was sold for $30,000 cash.

Company management decided to sell a machine. The machine cost $125,000, had accumulated depreciation of $85,000, and was sold for $30,000 cash. What gain/loss, if any, should the company record for this sale? $10,000 gain. $30,000 gain. $10,000 loss. $30,000 loss. No gain or loss

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