Diaz Company owns a machine that cost $126,800 and has accumulated depreciation of $94100. 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 Diar disposed of the machine, receiving nothing in return 2. Dlaz sold the machine for $16.000 cash 3. Dlaz sold the machine for $32.700 cash 4. Diaz sold the machine for $41,500 cash