Ly Company disposed of two different assets. On January 1, prior to their disposal, the accounts reflected the following:

Asset	Original Cost			Residual Value			Estimated Life		Accumulated Depreciation (straight-line)
Machine A	$	33,000		$	3,600		4	years	$	22,050	(3 years)
Machine B		65,200			4,300		14	years		47,850	(11 years)

The machines were disposed of in the following ways:

1. Machine A: Sold on January 1 for $11,700 cash.
2. Machine B: On January 1, this machine was sold to a salvage company at zero proceeds (and zero cost of removal).

Required: 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, write "No Journal Entry Required".)

a. Record the current year depreciation for Machine A prior to disposal.

b. Machine A: Sold on January 1 for $11,700 cash. Record the transaction.

c. Record the current year depreciation for Machine B prior to disposal.

d. Machine B: On January 1, this machine was scrapped with zero proceeds (and zero cost of removal). Record the transaction.