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During the current year, Rayon Corporation disposed of two different assets. On January 1, prior to their disposal, the accounts reflected the following: Accumulated Estimated Depreciation Asset Original cost Residual Value Life (straight-line) Machine A $58,000 $12,400 8 years $28,500 (5 years) Machine B 15,500 2,550 7 years 9,250 (5 years) The machines were disposed of in the following ways: a. Machine A Sold on January 2 for $34,800 cash. b. Machine B: On January 2, this machine was scrapped with zero proceeds (and zero cost of removal), Required: 1.82. Prepare 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.) View transaction list Journal entry worksheet Record the current year depreciation for Machine A prior to disposal View transaction list Journal entry worksheet 1 2 3 4 Record the current year depreciation for Machine A prior to disposal. Note: Enter debits before credits. General Journal Date January 02 Debit Credit Record entry Clear entry View general journal View transaction list Journal entry worksheet 2 3 4 > Record the disposal of Machine A. Note: Enter debits before credits. General Journal Debit Credit Date January 02 Record entry Clear entry View general Journal Journal entry worksheet Record the current year depreciation for Machine B prior to disposal. Note: Enter debits before credits. General Journal Date January 02 Debit Credit Record entry Clear entry View general journal View transaction list mo Journal entry worksheet