Diaz Company owns a machine that cost $126,300 and has accumulated depreciation of $90,600. 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 $16,000 cash. 3. Diaz sold the machine for $35,700 cash. 4. Diaz sold the machine for $40,100 cash. 1 2 3 4 Record the disposal of the machine receiving nothing in return. Note: Enter debits before credits. Date January 01 General Journal Debit Credit 1 2 3 4 Record the sale of the machine for $16,000 cash. Note: Enter debits before credits. Date January 01 General Journal Debit Credit < 1 2 3 4 Record the sale of the machine for $35,700 cash. Note: Enter debits before credits. Date January 01 General Journal Debit Credit r 1 2 3 4 Record the sale of the machine for $40,100 cash. Note: Enter debits before credits. Date January 01 General Journal Debit Credit