Diaz Company owns a machine that cost $$126,200$ and has accumulated depreciation of $$94,000.$ Prepare the entry to record the disposal of the machine on January $1$ in each separate situation.

The machine needed extensive repairs and was not worth repairing. Diaz disposed of the machine, receiving nothing in return.

Diaz sold the machine for $$17,400$ cash.

Diaz sold the machine for $$32,200$ cash.

Diaz sold the machine for $$40,400$ cash.

$\backslash$table$[[,$No$,$Date,General Journal,Debit,Credit$],[0,1,$January $01,$Accumulated depreciation$-$Machine,$94,000,1],[,,$Loss on disposal of machine,$32,200,],[,,$Machine,,$126,200],[,,,,],[,2,$January $01,$Accumulated depreciation$-$Machine,$94,000,],[,,,$Cash,$17,400,],[,$P$,,$Loss on sale of machine $\frac{N}{m}m,-,111,400],[,,,,,],[$l$,3,$January $01,$Accumulated depreciation$-$Machine,$94,000,],[,,$Cash,$32,200,],[,,$Machine,a$,126,200],[,+,$B$,,],[0,4,$January $01,$Accumulated depreciation$-$Machine,$40,400,],[,,$Cash,$94,000,],[,,$Machine,,$126,200],[,,$Gain on sale of machine,,$8,200]]$