Diaz Company owns a machine that cost $$125,100$ and has accumulated depreciation of $$93,400.$ 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 $$16,200$ cash.

Diaz sold the machine for $$31,700$ cash.

Diaz sold the machine for $$40,900$ cash.