Prepare a single journal entry to record these costs incurred by Cala, all of which are paid in cash Diaz Company owns a milling machine that cost $250,000 and has accumulated depreciation of $182,000. Prepare the entry to record the disposal of the milling machine on January 3 under each of the following independent situations. 2- The machine needed extensive repairs, and it was not worth repairing. Diaz disposed of the machine, receiving nothing in return. ate/ID Debit Credit services