iaz Company owns a milling machine that cost $250,000 and has accumulated depreciation of $182,000. Prepare the entry to record he disposal of the milling machine on January 3 under each of the following independent situations. Diaz disposed of the machine, receiving nothing in return. 2 Diaz sold the machine for $35,000 cash. 3. Diaz sold the machine for $68,000 cash. 4. Diaz sold the machine for $80,000 cash. View transaction list Journal entry worksheet Record the disposal of the machine receiving nothing in return. Note: Enter debits before credits Date General Journal Debit Credit Jan 03