Diaz Company owns a machine that cost $125,700 and has accumulated depreciation of $94,400. 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 $15,900 cash. 3. Diaz sold the machine for $31,300 cash. 4. Diaz sold the machine for $41,800 cash. View transaction list Journal entry worksheet 1 2 Date Jan 01 3 Record the disposal of the machine receiving nothing in return. Note: Enter debits before credits. 4 General Journal Debit Credit >