Diaz Company owns a machine that cost $127,000 and has accumulated depreciation of $90,500. Prepare the entry to record the disposal of the machine on January 1 in each separate situation. 1. The machine needed extenslve repairs and was not worth repairing. Diaz disposed of the machine, recelving nothing in return. 2. Diaz sold the machine for $16,200 cash. 3. Diaz sold the machine for $36,500 cash. 4. Diaz sold the machine for $41,500 cash. Journal entry worksheet Record the disposal of the machine recelving nothing in return. Note: Enter debits before credits. Journal entry worksheet Record the sale of the machine for $16,200 cash. Note: Enter debits before credits. Journal entry worksheet Record the sale of the machine for $36,500 cash. Note: Enter debits before credits. Journal entry worksheet Record the sale of the machine for $41,500 cash. Note: Enter debits before credits