Ly Company disposed of two different assets. On January $1,$ prior to their disposal, the accounts reflected the following:

Asset Original Cost Residual Value Estimated Life Accumulated Depreciation $($straight$-$line$)$

Machine A $$33,000$ $$3,6004$ years $$22,050(3$ years$)$

Machine B $65,2004,30014$ years $$47,850(11$ years$)$

The machines were disposed of in the following ways:

Machine A: Sold on January $1$ for $$11,700$ cash.

Machine B: On January $1,$ this machine was scrapped with zero proceeds $($and zero cost of removal$).$

Required:

$1.$ & $2.$ Prepare the journal entries related to the disposal of Machine A and B at the beginning of the current year. $($If no entry is required for a transaction$/$event$,$ select $"$No Journal Entry Required" in the first account field.$)$