help me

Required information Problem 8.6A Disposal of plant assets LO C1, P1, P2 [The following information applies to the questions displayed below.] Onslow Co. purchased ased machine for $144,000 cash on January 2. On January 3, Onslow paid $10,000 to wire electricity to the machine and an additional $2,000 to secure it in place. The machine will be used for six years and have a $17,280 salvage value. Straight-line depreclation is used. On December 31 , at the end of its fith year in operations, it is disposed of Problem 8-6A Part 3 3. Prepare joumal entries to record the machine's disposal under each separate situotion: (a) it istsold for $23,500 cash: (b) it is sold for $94,000 cash; and (d) it is destroyed in a fire and the insurance company pays $34,000 cash to settle the loss claim. 3. Prepare journal entries to record the machine's disposal under each separate situation: (a) it is sold for $23,500 cash; (b) it is sold fo $94,000 cash; and (c) it is destroyed in a fire and the insurance company pays $34,000 cash to settle the loss claim. Journal entry worksheek 3 Record the sale of the used machine for $23,500 cash. Note: Enter debits before creduts 3. Prepare journal entries to record the machine's disposal under each separate situation: (b) it is sold for $23,500 cash; (b ) it is sold for $94,000 cash; and (d) it is destroyed in a fire and the insurance company pays $34,000 cash to settle the loss claim. Journal entry worksheet Record the sale of the used machine for $94,000 cash. Wote! Enter debits before credts Prepare journal entries to record the machine's disposal under each separate situation: (a) it is sold for $23,500 cash; (b) it is sold for $94,000 cash; and (c) it is destroyed in a fire and the insurance company pays $34,000 cash to settle the loss claim. Journal entry worksheet (1) Record the insurance settiement recelved of $34,000 resulting from the total destruction of the machine in a fire. Note: Enter debits before credits