Dia/, (’ompany owns a milling niaebine dial cost $250,000 and lias iicciimulaled depreciation of $182,000.

Prepare Ibe entry lo record (be disposal ol die milling niuebine on .laniiary .4 under each of Ibe following independeni siliialions.

1. I'bc niaebine needed extensive repairs, and il was not worlli repairing. Dia/ disposed of the maebine, receiving nolbing in relurn.

2. I fia/ sold die niaebine for $.15,000 casb.

3. I fia/sold die niaebine for $()H,000 casb.

4. Dia/sold (be niaebine for $80,000 casb.