P8-6 Recording and Interpreting the Disposal of Three Long-Lived Assets During 2015, Merkley Company disposed of three different assets. On January 1, 2015, prior to their disposal, the accounts reflected the following: The machines were disposed of in the following ways: a. Machine A: Sold on January 1, 2015, for $5,000cash. b. Machine B: Sold on December 31,2015 , for $10,500; received cash, $2,500, and a $8,000 interest-bearing ( 12 percent) note receivable due at the end of 12 months. c. Machine C: On January 1, 2015, this machine suffered irreparable damage from an accident. On January 10,2015 , a salvage company removed the machine at no cost. Required: Give all journal entries related to the disposal of each machine in 2015. a. Machine A. b. Machine B. c. Machine C