D New Tab IDEA Clock In/Out TRGV Chapter 9 Homework Saved 6 Ly Company disposed of two different assets. On January 1, prior to their disposal, the accounts reflected the following: riginal Residual Eat inated Accumulated Depreciation (straight-line) 10 points Value Machine A $34,000 $3,700 4,600 Life 5 years$24,240 (4 years) Asset Cost MachineB66,200 14 years 48,400 (11 years) eBock Print References The machines were disposed of in the following ways: a Machine A: Sold on January 1 for $10,200 cash. b. Machine B: On January 1, this machine was sold to a salvage company at zero proceeds (and zero cost of removal). Required: 1. & 2. Prepare the journal entries related to the disposal of Machine A and 8 at the beginning 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 Record the current year depreciation for Machine A prior to disposal. Chapter 9 Homework Saved 6 View transaction list 10 points Journal entry worksheet eBook Record the current year depreciation for Machine A prior to disposal Print References Note: Enter debits before credits. Date General Journal January 01 Record entry Clear entry View general journal Apps D New Tab IDEA Clock In/Out UTRGV Chapter 9 Homework Saved 6 View transaction list 10 points Journal entry worksheet eBook Print References Machine A: Sold on January 1 for $10,200 cash. Record the transaction. Note: Enter debits before cred ts. General Journal January 01 Record entry Clear entry View general journal Saved 6 View transaction list 10 points Journal entry worksheet eBook Print References Record the current year depreciation for Machine B prior to disposal. Note: Enter debits before credits. Debit Credit Date January 01 Record entry Clear entry View general journal Chapter 9 Homework 6 View transaction list 10 points Journal entry worksheet eBook Print References Machine B: On January 1, this machine suffered irreparable damage from an accident and was removed immediately by a salvage company at no cost Record the transaction. Note: Enter debits before credits. DebitCredit January 01 Clear entry View general journal Record entry