Diaz Company owns a machine that cost $126,000 and has accumulated depreciation of $93,300. Prepare the entry to record the disposal of the machine on January 1 in each separate situation. The machine needed extensive repairs and was not worth repairing. Diaz disposed of the machine, receiving nothing in return. Diaz sold the machine for $16,100 cash. Diaz sold the machine for $32,700 cash. Diaz sold the machine for $40,200 cash