Diaz Company owns a machine that cost $127,000 and hasaccumulated depreciation of $92,800. Prepare the entry to recordthe disposal of the machine on January 1 in each separatesituation.1. The mac Journal entry worksheet Record the disposal of the machine receiving nothing in return. Note: Enter debits before credits.Journal entry worksheet Record the sale of the machine for \( \$ 17,500 \) c 2 answers