Chrome File Edit View History Bookmarks People Window Help tpx 25.00 points PB9-2 Recording and Interpreting the Disposal of Long-Lived Assets [LO 9-5) During the current year, Rayon Corporation disposed of two different assets. On January 1, prior to their disposal, the accounts reflected the following: Accumulated Depreciation (straight-line) OriginalResidual Estimated Asset Cost Value Machine A $56,000 $13,000 2,650 Life 8 years 6 years $26,875 (5 years) Machine B 15,700 8,700 (4 years) The machines were disposed of in the following ways: a. b. Machine A: Sold on January 2, for $35,000 cash. Machine B: On January 2, this machine suffered irreparable damage from an accident and was removed immediately by a salvage company at no cost. Required: 182. Give 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 JournafEntry Required" in the first account field.) View transaction list Journal entry worksheet 3 4