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	$	32,000		$	3,200		5	years	$	23,040	(4 years)
Machine B		61,200			3,100		14	years		45,650	(11 years)

The machines were disposed of in the following ways:

1. Machine A: Sold on January 1 for $9,500 cash.
2. Machine B: On January 1, this machine was sold to a salvage company at zero proceeds (and zero cost of removal).

Required:

1. 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.)