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Martinez Company has an old factory machine that cost $48,000. The machine has accumulated depreciation of $26,880. Martinez has decided to sell the machine. (Credit

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Martinez Company has an old factory machine that cost $48,000. The machine has accumulated depreciation of $26,880. Martinez has decided to sell the machine. (Credit account tities are automatically Indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter O for the amounts.) (a) (b) What entry would Martinez make to record the sale of the machine for $23,880 cash? What entry would Martinez make to record the sale of the machine for $13,880 cash? Debit No. Account Titles and Explanation (a) Credit

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