Finesse Co. purchases and installs a machine on January 1, 2015, at a total cost of $96,200. Straight-line depreciation is taken each year for four years assuming a 8-year life and no residual value. The machine is disposed of on July 1, 2019, during its fifth year of service Prepare entries to record the partial year's depreciation on July 1, 2019. (Round your answers to the nearest dollar amount. Omit the "$" sign in your response.) Credit Date General Journal Debit Depreciation expense 6871 July 1 Accumulated depreciation-machinery V 6871 Prepare entries to record the disposal under the following separate assumptions (1) The machine is sold for $44,613 cash. (Round your intermediate calculation and final answers to the nearest dollar amount. Omit the "$" sign in your response.) Credit Date General Journal Debit 44,613 July 1 Cash Accumulated depreciation-machinery Gain on sale of machinery Machinery (2) Finesse receives an insurance settlement of $40,404 resulting from the total destruction of the machine in a fire. (Round your intermediate calculation and final answers to the nearest dollar amount. Omit the "$" sign in your response.) Date General Journal Debit July 1 (Click to selectV (Click to select) (Click to select) (Click to select)