Exercise B-18 (Static) Partial-year depreciation; disposal of plant asset LO P2 Rayya Company putchases a machine for 5105,000 on January 1,2021 . Straighstine depreciation is taken each year for four yeass assuming a seven-year life and no salvige value. The machine ss sold on July 1.2025, durng its fifti year of service Prepare entries to record the partiat year's depeccation on July 1. 2025 and to record the sale under each separate seuation it The machine is sold for $45,500 cash. (2) The machine is sold for $25,000 cash Journal entry worksheet Hecard the depreclation expense as of tuly 1,2025