please show work as well, thanks!

Checi Exercise 8-18 (Algo) Partial-year depreciation, disposal of plant asset LO P2 Rayya Co. purchases a machine for $176.400 on January 1 2020 Straight-line depreciation is taken each year for four years assuming a seven-year life and no salvage value. The machine is sold on July 1, 2024. during its fifth year of service. Prepare entries to record the partial year's depreciation on July 1, 2024, and to record the sale under each separate situation in The machine is sold for $75 600 cash. (21 The machine is sold for $60,480 cash View transaction ist 3 2 3 Record the depreciation expense as of July 1, 2024. Note: Enter debits before credits Date General Journal Debit Credit July 01, 2024 Recent Vi general