no. 3 DuPage Company purchases a factory machine at a cost of $18,000 on January 1, 2010. DuPage expects the machine to have a salvage value of $2,000 at the end of its 4-year useful life. 14. Prepare depreciation schedule under the straight line method. 15. Record the adjusting journal entry that will be passed at the end of each year till the asset is totally depreciated . 1. Journalize the disposal entry if the company sells the machine for $10,000 at the end of 3rd year. 2. Journalize the disposal entry if the company sells the machine for $10,000 at the end of 2nd year. 3. Journalize the disposal entry if the company sells the machine for $10,000 at the end of 3rd year. 4. Journalize the disposal entry if the company sells the machine for $10,000 at the end of 1st year