Prepare the journal entries related to the disposal of machine A and B at the beginning of the current year.

Accumulate Depreciation (straight-line) Original Residual Estimated Machine s ne $ 32,ee0 3, syears $ 23,e4 (4 years) $3,20e Machine 61,200 3,100 14 years 45,658 (11 years) The machines were disposed of in the following ways a Machine A: Sold on January 1 for $9,500 cash. o Machine B On Jenuay 1 his machine sutered reparable camage from n accident and wias removed Immediately by a sa y by a salv company at no cost Required: 1.& 2. Prepare the journal entries related to the disposal of Machine A and B at the beginning of the current year. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet Record the current year depreciation for Machine A prior to disposal. Note: Enter debits before credits Date Credit January 01 Record entry Clear entry View general journal K Prev6 of 10 Next>