saved Help Save & Exit TB MC Qu. 08-119 (Static) Martinez owns machinery that... Martinez owns machinery that cost $87,000 with accumulated depreciation of $40,000. The company sells the machinery for cash of $42300. The journal entry to record the sale would include: Multiple Choice A credit to Accumulated Depreciation of $40,000. A credit to Gain on Sale of $2.000 A credit to Machinery of $47.000