Diaz Company owns a machine that cost $$125,000$ and has accumulated depreciation of $$94,800.$ 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 $$16,500$ cash.

Diaz sold the machine for $$30,200$ cash.

Diaz sold the machine for $$41,700$ cash.