Diaz Company owns a milling machine that cost $125,200 and has accumulated depreciation of $90,300. Prepare the entry to record the disposal of the milling machine on January 3 under each of the following independent situations. 1. The machine needed extensive repairs, and it was not worth repairing. Diaz disposed of the machine, receiving nothing in return. 2 Dlaz sold the machine for $17,000 cash. 3. Diaz sold the machine for $34,900 cash 4. Diaz sold the machine for $40,300 cash. d View transaction list Journal entry worksheet