PB9-2 (Algo) Recording and Interpreting the Disposal of Long-Lived Assets [LO 9-5] During the current year, Rayon Corporation disposed of two different assets. On January 1, prior to their disposal, the accounts reflected the following: The machines were disposed of in the following ways: a. Machine A: Sold on January 2, for $39,000 cash. b. Machine B: On January 2, this machine was scrapped with zero proceeds (and zero cost of removal). Requlred: 1.\&2. Prepare the journal entrles related to the disposal of Machine A and Machine B on January 2 of the current year. (If no entry Is requlred for a transaction/event, select "No Journal Entry Requlred" In the flrst account fleld.) 1 Record the current year depreciation for Machine A prior to disposal. 2 Record the disposal of Machine A. 3 Record the current year depreciation for Machine B prior to disposal. 4 Record the disposal of Machine B. Credit Note : = journal entry has been entered