Diaz Company owns a machine that cost $125,100 and has accumulated depreciation of $94,200. Prepare the entry to record the disposal of the machine on January 1 in each seperate situation. 1. The machine needed extensive repairs and was not worth repairing Diaz disposed of the machine, receiving nothing in return 2. Diaz sold the machine for $17,300 cash. 3. Diaz sold the machine for $30,900 cash 4. Diaz sold the machine for $40.400 cash