Diaz Company owns a machine that cost $125,300 and has accumulated depreciation of $92,100. Prepare the entry to record the disposal of the machine on January 1 in each separate 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 $16,300 cash 3. Diaz sold the machine for $33,200 cash, 4. Diaz sold the machine for $41,900 cash View transaction list Journal entry worksheet 1 2 3 4 > Record the disposal of the machine recelving nothing in return. Note: Enter debits before credits Date General Journal Debit Credit January 01