Exercise 10-18 (Algo) Partial-year depreciation; disposal of plant asset LO P2 Rayya Company purchases a machine for $92,400 on January 1, 2021. Straight-line depreciation is taken eech year for four years ascuiming a eight-year life and no savage value. The machine is sold on July 1.2025, during its fifth year of service. Prepare entnies to recard the partsai year's depreciation on July 1. 2025, and to record the sale under each separate situation. (1) The machine it wold for $46.200cath. (2) The machine is sold for $39,800cash. Journal entry worksheet Record the sale of the machinery for $46,200 cash. Note: Enter debits before credits. Journal entry worksheet Record the machine sold for $38,808 cash. Note: Enter debits before credits