Ly Company disposed of two different assets. On January 1, prior to their disposal the accounts reflected the following: Asset Machine A Machine Original Cost e. 59,200 Hesidual Value 53,000 1,200 Accumulated Depreciation (straight- Estimated Life line) years 321,600 (4 years) 14 years 44, Bee (11 years) The machines were disposed of in the following ways: a. Machine A Sold on January 1 for $9.000 cash b. Machine B: On January 1this machine was sold to a salvage company at zero proceeds (and zero cost of remova). Required: 1. & 2. Prepare the journal entries related to the disposal of Machine A and B at the beginning 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 2 3 4 > Record the current year depreciation for Machine A prior to disposal. Note: Enter debits before credits. Date General Journal Debit Credit January 01 No Journal Entry Required Record entry Clear entry View general journal worksheet