A machine with a book value of $19,000 is sold for $16,000. Which of the following answers would accurately represent the effects of the sale on the financial statements? 
Definitions:
Journal Entries
Recorded transactions in the accounting system that show the effects of financial events on the accounts of a company.
Investment Account
An account held at a financial institution that contains securities, cash, and other investment vehicles.
Related Income
Income that arises from transactions or relationships between entities that have a special connection or are part of the same group.
Revaluation
An adjustment of the book value of an asset or currency to its fair market value, often affecting the financial statements of a company.
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