Cornerstone Exercise 7-23 (Algorithmic) Disposal of an Operating Asset On August 30, Williams Manufacturing Company decided to sell one of its fabricating machines that was 15 years old for $4,000. The machine, which originally cost $100,000, had accumulated depreciation of $97,500 Required: Prepare the journal entry to record the disposal of the machine. If an amount box does not require an entry, leave it blank. Aug 30 Loss on Disposal of Property. Plant, and Equipment Cathy Accumulated Depreciation Laman Record e ment) ay gin or los hence between MacBook Air MacBook Air 0 DFGHJK M WARE TAUBURN command option