Diaz Company owns a machine that cost $125,200 and has accumulated depreciation of $91,800. 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 $17,100 cash 3. Diaz sold the machine for $33,400 cash 4. Dlaz sold the machine for $41700 cash