M9-9 Recording the Disposal of a Long-Lived Asset LO 9-5] The following are the transactions of Morrell Corporation: a. Morrell Corporation disposed of two computers at the end of their useful lives. The computers had cost $4,560 and their Accumulated Depreciation was $4,560. No residual value was received b. Assume the same information as (a), except that Accumulated Depreciation, updated to the date of disposal, was $3,120 Prepare journal entries to record above transactions. (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 Record the disposal of computers that had cost $4,560 and their accumulated depreciation to the date of disposal was $4,560. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal