Dlaz Company owns a machine that cost $125,400 and has accumulated depreciation of $92,100. 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 return. 2. Dlaz sold the machine for $16,000 cash. 3. Dlaz sold the machine for $33,300 cash. 4. Dlaz sold the machine for $41,000 cash. Credit No 1 Date Jan 01 Answer is not complete. General Journal Cash X Accumulated depreciation Machine Loss on sale of machine X Machine Debit 16,000 X 90,300 X 17,300 X XX 123,600X 2 Jan 01 Cash Accumulated depreciation Machine SI 33,300 X 90,300 X 123,600X Jan 01 Cash Accumulated depreciation Machine Gain on sale of machine Machine x X 41,000 X 90.300 X 6,000 X 123,600X