3 During the current year, Rayon Corporation disposed of two different assets. On January 1, prior to their disposal, the accounts reflected the following Accumulated Estimated Depreciation Asset Original Cost Residual Value Life (straight-line) Machine A $66,000 $12,100 $30,840 (4 years) Machine B 14,800 2,200 7,560 (3 years) The machines were disposed of in the following ways: 7 years 5 years eBook Print a Machine A Sold on January 2 for $39.100 cash b. Machine B. On January 2, this machine was scrapped with zero proceeds (and zero cost of removal) Herences Required: 1.82. Prepare the journal entries related to the disposal of Machine A and Machine B on January 2 of the current year. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet 1 2 4 Record the current year depreciation for Machine A prior to disposal. Note: Enter debits before credits Date January 02 General Journal Debit Credit Record entry Clear entry View general journal Journal entry worksheet