In the transaction involving the sale of machinery, what was the original cost of the machinery sold by Blue Company?

The original cost of the machinery sold by Blue Company is determined by examining the context of the transaction. In the case of machinery or other depreciable assets, the original cost reflects the amount paid to acquire the asset before any depreciation or impairment is applied.

In this scenario, the correct answer indicates that the machinery was originally valued at $69,000. This figure likely represents the initial purchase price or acquisition cost, which is critical for accounting, as it is used to calculate depreciation, gain or loss on sale, and tax implications subsequently.

When machinery is sold, its original cost is essential for determining the company's financial position related to that asset, including any taxable gains or losses. In contrast, the other figures provided might represent residual values, depreciated amounts, or could relate to different assets or transactions altogether, but they do not reflect the original cost of the machinery in question. This contextual understanding of asset valuation enhances clarity in financial reporting and tax-related matters.