On January 2, 2023, Direct Shoes Inc. disposed of a machine that cost $97,000 and had been depreciated $53,050. Present the journal entries to record the disposal under each of the following unrelated assumptions: a. The machine was sold for $42,500 cash. b. The machine was traded in on new tools having a $143,000 cash price. A $53,000 trade-in allowance was received, and the balance was paid in cash. Since the tools have been customized, the fair values are not known. c. The machine plus $81,000 was exchanged for a delivery van having a fair value of $117,000. 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 $88,000, and Direct Shoes Inc. paid $38,000 cash in addition to giving the seller the machine