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Millworks Company owns a milling machine that cost $125,100 and has accumulated depreciation of $94,700. Prepare the entry to record the disposal of the milling

Millworks Company owns a milling machine that cost $125,100 and has accumulated depreciation of $94,700. Prepare the entry to record the disposal of the milling machine on January 5 under each of the following independent situations. 1. The machine needed extensive repairs, and it was not worth repairing. Millworks disposed of the machine, receiving nothing in return. (Omit the "$" sign in your response.) Date General Journal Debit Credit Jan. 5 (Click to select) (Click to select) (Click to select) 2. Millworks sold the machine for $15,700 cash. (Omit the "$" sign in your response.) Date General Journal Debit Credit Jan. 5 (Click to select) (Click to select) (Click to select) (Click to select) 3. Millworks sold the machine for $30,400 cash. (Omit the "$" sign in your response.) Date General Journal Debit Credit Jan. 5 (Click to select) (Click to select) (Click to select) 4. Millworks sold the machine for $40,700 cash. (Omit the "$" sign in your response.) Date General Journal Debit Credit Jan. 5 (Click to select) (Click to select) (Click to select) (Click to select)

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