Do the same for machine B and C. Please.
Thanks.
Part 1 of 2 9.09 points Required information The following information applies to the questions displayed below) During the current year, Merkley Company disposed of three different assets. On January 1 of the current year, prior to the disposal of the assets, the accounts reflected the following Accumulated Original Residual Estimated Depreciation Asset Cost Valon Life (straight line Machine $ 21,000 $3,000 9 years $ 15,750 7 years) Machine 50,000 4,000 10 years 36,800 (8 years) Machine 85.000 5.000 15 years 64,000 (12 years) P References The machines were disposed of during the current year in the following ways: Machine A Sold on January 1 for $5,000 cash b. Machine 8: Sold on December 31 for $10,500; received cash, $2,500, and on $8,000 Interest-bearing (12 percent) note receivable due at the end of 12 months. c. Machine C On January 1, this machine suffered irreparable damage from an accident. On January 10, a salvage company removed the machine at no cost Required: 1. Give all journal entries related to the disposal of each machine in the current year a Machine A b. Machine B c. Machine Required information Complete the following questions by preparing worksheet and journal entries given below. of 2 Required A Required B Required Give all journal entries related to the disposal of Machine A in the current year. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field) View transaction list Book Print Fences Journal entry worksheet A Record the depreciation of Machine A Note: Enter debits before credits General Journal Debit Credit Transaction January 01 Required information 1 of 2 Give all journal entries related to the disposal of Machine A in the current year. (If no entry is required for a transaction/event, select "No Journal entry required in the first account field View transaction list Journal entry worksheet