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Need help for all three thank you! Rayya Co, purchases a machine for $92,400 on January 1, 2019. Straight-line depreciation is taken each year for

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Rayya Co, purchases a machine for $92,400 on January 1, 2019. Straight-line depreciation is taken each year for four years assuming a seven-year life and no salvage value. The machine is sold on July 1, 2023, during its fifth year of service. Prepare entries to record the partial year's depreciation on July 1, 2023, and to record the sale under each seperate situation. The machine is sold for $39,600 cash. (2) The machine is sold for $31,680 cash. View transaction list X Record the depreciation expense as of July 1, 2023. 2 Record the sale of the machinery for $39,600 cash. Dok int 3 Record the machine sold for $31,680 cash. int ences Credit

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