ABC Company depreciates newly acquired assets closest to the nearest month. The company has recorded depreciation on the machines to December 31, 2021. No depreciation has been done for 2022. It sold the following two machines during the year: Machine A Machine B Cost $76,000 $60,000 Purchase date July 1, 2019 Jan. 1, 2021 Useful life 5 years 8 years Residual value $3,000 $6,000 Depreciation method Straight-line Double diminishing-balance Date sold Dec 31, 2022 Jun 30, 2022 Sales price $28,000 $54,000 Required: a) Calculate the carrying value of each machine on the date of disposal. b) Prepare the journal entry or entries in good form to record the sales of the machines in 2022. No explanation is needed for the journal entries