Diaz Company owns a milling machine that cost $125,600 and has accumulated depreciation of $93,400. 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.	Diaz sold the machine for $17,200 cash.
3.	Diaz sold the machine for $32,200 cash.
4.	Diaz sold the machine for $40,800 cash. Jan 03 - Record the disposal of the machine receiving nothing in return. Jan 03 - Record the sale of the machine for $17,200 cash. Jan 03 - Record the sale of the machine for $32,200 cash. Jan 03 - Record the sale of the machine for $40,800 cash.