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  3. palso purchased a machine for $13,500 2 years ago.

Palso purchased a machine for $13,500 2 years ago. Palso has recorded $9,400 of depreciation...

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Accounting

Palso purchased a machine for $13,500 2 years ago. Palso has recorded $9,400 of depreciation on the machine. Now, Palso sells the machine for $2,000. Which of the following is true?

a. Palso has a $2,000 gain on the sale

b. Palso has a $2,100 gain on the sale

c. Palso has a $2,100 loss on the sale

d. Palso has a $13,500 loss on the sale e. none of the above

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