3 40 points On January 2, Bering Co disposes of a machine coating $18.400 with accumulated depreciation of $260. Preporum record the disposal under each separate situation 1. The machine is sold for $18,726 cash 2. The machine is traded in for a new machine having a 564,900 cash price. A $23,017 den allowance in recent dhe balance is paid in cash Assume the asset exchange has commercial substance 3. The machine is traded in for a new machine having a 564 500 cash price A 517,285 trade in slowancesce and the baca is paid in cash. Assume the most exchange has commercial substance, eBook Hint Complete this question by entering your answers in the tabs below. Ack Required: Required 2 Required The machine is sold for $18,726 cash. View transaction list Journal entry worksheet >