During the current year, Merkley Company disposed of three different assets. On January 1 of the current year, prior to their disposal, the accounts reflected the following:

Asset	Original Cost		Residual Value		Estimated Life	Accumulated Depreciation (straight line)
Machine A	$	33,000	$	3,000	6 years	$	20,000 (4 years)
Machine B		45,000		4,000	8 years		30,750 (6 years)
Machine C		75,600		5,000	16 years		52,950 (12 years)

The machines were disposed of in the following ways:

a. Machine A: Sold on January 1 for $12,700 cash.

b. Machine B: Sold on December 31 for $9,925; received cash, $2,300, and a $7,625 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.

1. Give all journal entries related to the disposal of each machine in the current year. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

a. Machine A.

b. Machine B.

c. Machine C.

a. Machine A. View transaction list Journal entry worksheet Record the disposal of Machine A. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal