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 seperate situation 1. The machine needed extensive repairs and was not worth repairing Diaz disposed of the machine, receiving nothing in retum. 2. Diaz sold the machine for $35,000 cash 3. Diaz sold the machine for $68,000 cash 4. Diaz sold the machine for $80,000 cash