Diaz Company owns a machine that cost $125,600 and has accumulated depreciation of $91,500. Prepare the entry ro 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 $16,700 cash. 3. Diaz sold the machine for $34,100 cash. 4. Diaz sold the machine for $40,100 cosh. Journal entry worksheet Record the disposal of the machine receiving nothing in return. Note: Enter debits before credits. Journal entry worksheet Record the sale of the machine for $16,700cash. Nutei Enter debits before eredits. Journal entry worksheet