During the current year, Rayon Corporation disposed of two different assets. On January 1, prior to their disposal, the accounts reflected the following:

Asset	Original Cost			Residual Value			Estimated Life		Accumulated Depreciation (straight-line)
Machine A	$	67,000		$	11,800		8	years	$	34,500	(5 years)
Machine B		14,900			2,450		6	years		8,300	(4 years)

The machines were disposed of in the following ways:

a.	Machine A: Sold on January 2, for $34,600 cash.
b.	Machine B: On January 2, this machine suffered irreparable damage from an accident and was removed immediately by a salvage company at no cost.

Required:
1&2.	Give the journal entries related to the disposal of Machine A and Machine B on January 2 of the current year. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.)

Journal entries

Record the current year depreciation for Machine A prior to disposal.

Record the disposal of Machine A.

Record the current year depreciation for Machine B prior to disposal.

Record the disposal of Machine B.