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Diaz Company owns a machine that cost $ 2 5 0 , 0 0 0 and has accumulated depreciation of $ 1 8 2 ,

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Diaz Company owns a machine that cost $250,000 and has accumulated depreciation of $182,000. Prepare the entry to record the
disposal of the machine on January 1 in each separate situation.
The machine needed extensive repairs and was not worth repairing. Diaz disposed of the machine, receiving nothing in return.
Diaz sold the machine for $35,000 cash.
Diaz sold the machine for $68,000 cash.
Diaz sold the machine for $80,000 cash.
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