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 $$7,500$ cash.

b$.$ Machine B: Sold on December $31$ for $$54,120$; received cash, $$43,296,$ and an $$10,824$ 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$.$

P$8-5$ Part $1$

Required:

Give all journal entries related to the disposal of each machine in the current year.

a$.$ Machine A$.$

b$.$ Machine B$.$

c$.$ Machine C$.$