Help Save Diaz Company owns a machine that cost $126,900 and has accumulated depreciation of $91.000. Prepare the entry to record the disposal of the machine on January 1 in each seperate situation 1. The machine needed extensive repairs and was not worth repairing Diaz disposed of the machine, receiving nothing in return. 2. Diaz sold the machine for $16,400 cash. 3. Diaz sold the machine for $35,900 cash. 4. Dlaz sold the machine for $40,200 cash. 26.45 View transaction list Journal entry worksheet 1 Record the sale of the machine for $16,400 cash. Note: Enter debits before credits Delt Cred General Journal Jan 01 View general journal Clear entry Record entry Next > 3 of 4 !!