On January 1, 2021. Ayayai Company purchased on credit machinery costing $193,500 and incurred 56,605 in installation costs. The machinery has an estimated useful life of 15 years and a residual value of $11,960. The compary uses the straight-line method of depreciation At the end of 2022. Ayayai recorded depreciation and assessed the asset, determining a recoverable amount of $161,200. Ayayai sold the equipment to Voilex Corplaration on lune 30,2023 , for $158,600. Prepare the necessary entries assuming Ayayai has a December 31 year-end. (Credit occount titles are outomatically indented when the amount is entered Do not indent monublly. If no entry bs required, select "No Entyy for the occount bitles and enter. Ofor the amounts List all debit entries before aredit entries Round answers to 0 decimal ploces es. 5.275, Recond joumal entries in the order presented in the probiem.) Question 5 of 7 -115 (To record loss on impairment) (To record depreciation expense) (To resord doposal of machinery)