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:

Asset	Original Cost		Residual Value		Estimated Life	Accumulated Depreciation (straight line)
Machine A	$	21,000	$	3,000	8 years	$	15,750 (7 years)
Machine B		50,000		4,000	10 years		36,800 (8 years)
Machine C		85,000		5,000	15 years		64,000 (12 years)

The machines were disposed of during the current year in the following ways:

Machine A: Sold on January 1 for $5,000 cash.

Machine B: Sold on December 31 for $10,500; received cash, $2,500, and an $8,000 interest-bearing (12 percent) note receivable due at the end of 12 months.

Machine C: On January 1, this machine suffered irreparable damage from an accident. On January 10, a salvage company removed the m

I have to do journal enteries