During the current year, Yost 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: The machines were disposed of during the current year in the following ways: a Machine A: Sold on January 1 for $14,500 cash b. Machine B. Sold on December 31 for $44,960, received cash, $35,968, and an $8,992 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. 2. Select the accounting rationale for the way that you recorded each disposal