Diaz Company owns a machine that cost $126,900 and has accumuiated depreciation of $91100. Prepate the entry to recoid the disposal of the machine on lanuary 1 in each seperate situation. 1. The machine needed extensive repairs and was not worth repairing. Diaz disposed of the machine, recelving nothing in return 2. Diaz soid the machine for $17,000 cash. 3. Diaz sold the machine for $35,800 cash 4. Diaz sold the machine for $40,500 cash. Journal entry worksheet Record the disposal of the machine receiving nothing in return. Note: Enter debits before credits