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Monty Company has an old factory machine that cost $49,000. The machine has accumulated depreciation of $27,440, Monty has decided to sell the machine. (Uist

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Monty Company has an old factory machine that cost \$49,000. The machine has accumulated depreciation of $27,440, Monty has decided to sell the machine. (Uist all debit entries before credit entries. Credit occount titles are outomatically indented when amount is entered. Do not indent manualily. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) (a) What entry would Monty make to record the sale of the machine for $24,440 cash? (b) What entry would Monty make to record the sale of the machine for $14,440 cash

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