On January 2, 2023, Direct Shoes Inc. disposed of a mochine that cost $92,000 and had been depreciated $50,050. Present the purnal entries to record the disposal under each of the following unrelated assumptions: The machine was sold for $40,500 cash b. The machine was traded in on new toots having a $133,000 cash price. A $48,000 trade-in allowance was recelved, and the balance was paid in cash. Since the tools have been customized, the foir values are not known. Journal entry worksheet Record the exchange of machine. Note: finter debtes befare credis: c. The machine plus $76,000 was exchanged for a delivery van having a fair value of $112,000. d. The machine was traded for vacant land adjacent to the shop to be used as a parking lot. The land had a fair value of 383.000 , and Direct $ hoes inc, paid $33,000 cash in addition to giving the soller the machine. Journal entry worksheet Record the exchange of machine