Diaz Company owns a machine that cost $126,400 and has accumulated depreciation of $91,100. 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. Record the disposal of the machine receiving nothing in return.
2. Diaz sold the machine for $16,600 cash. Record the sale of the machine for $16,600 cash.
3. Diaz sold the machine for $35,300 cash. Record the sale of the machine for $35,300 cash.
4. Diaz sold the machine for $41,800 cash. Record the sale of the machine for $41,800 cash.