Diaz Company owns a machine that cost $126,900 and has accumulated depreciation of $94,400. 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 $15,700 cash. 3. Diaz sold the machine for $32,500 cash. 4. Diaz sold the machine for $40,500 cash. Rodriguez Company pays $331,695 for real estate with land, land improvements, and a building. Land is appraised at $260,000; land improvements are appraised at $52,000; and a building is appraised at $208,000. Required: 1. Allocate the total cost among the three assets. 2. Prepare the journal entry to record the purchase. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Allocate the total cost among the three assets. (Round your "Apportioned Cost" answers to 2 decimal places.) Appraised Value Percent of Total Appraised Value x Total Cost of Acquisition = Apportioned Cost Land Land improvements Building Totals