C Diaz Company owns a machine that cost $125,900 and has accumulated depreciation of $92,100. Prepare the entry to record the disposal of the machine on January 1 in each seperate situation 1. The machine needed extensive repairs and was not worth repairing Diaz disposed of the machine, receiving nothing in return. 2. Diaz sold the machine for $15,900 cash. 3. Diaz sold the machine for $33,800 cash. 4. Diaz sold the machine for $40.900 cash. View transaction list Journal entry worksheet 2 3 Record the disposal of the machine receiving nothing in return. Note: Enter debits before credits. General Journal Date Debit Credit Jan 01