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4. A factory machine is purchased by BD Group of Industries on January 1, 2005 for BDT 20,000. The machine had an expected nine years useful life and a BDT 2,500 estimated salvage value. On January 1, 2011, the asset is sold for cash of BDT 3,500. Required: A. Determine the total amount of depreciation expense taken over the life of the asset up to the day it is sold. Assume the company uses the straight-line method and has a calendar year. B. Determine the asset's book value on the day it is sold. C. Determine if the asset is sold at a gain or a loss. D. Explain the consequences of the transaction on the investing section of the statement of cash flows. E. Show, in debit and credit format, the journal entry that will be recorded on the day the asset is sold