Diaz Company owns a machine that cost $126,300 and has accumulated depreciation of $93,900. 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 $16,100 cash. 3. Diaz sold the machine for $32,400 cash. 4. Diaz sold the machine for $41,500 cash. View transaction list Journal entry worksheet 1 2. 3 4 Record the disposal of the machine receiving nothing in return COL Note: Enter debts before credits Date Jan 01 General Journal Debit Credit Record entry Clear entry View general journal Journal entry worksheet Record the sale of the machine for $32,400 cash. Note: Enter debits before credits Date General Journal Jan 01 Debit Credit Record entry Clear entry View general Journal View transaction list Journal entry worksheet