Questions 9 - 10 (of 10) [The following information applies to the questions displayed below) During 2015, Merkley Company disposed of three different assets. On January 1, 2015. prior to their disposal the accounts reflected the following: Asset Machine A Machine B Machine C Original Cost $ 33,000 61,000 75,800 Residual Value $ 3,000 4,000 7.000 Estimated Life 12 years 8 years 16 years Accumulated Depreciation (straight line) $ 25,000 (10 years) 42,750 (6 years) 51,600 (12 years) The machines were disposed of in the following ways: a. Machine A Sold on January 1, 2015, for $7,700 cash. b. Machine B Sold on December 31, 2015, for $11.825, received cash, $2,400, and a $9.425 Interest bearing (12 percent) note receivable due at the end of 12 months. C Machine CiOn January 1, 2015, this machine suffered irreparable damage from an accident. On January 10, 2015, a salvage company removed the machine at no cost. Value: 1.65 points Required: 1. Give all journal entries related to the disposal of each machine in 2015. (If no entry is required transaction event, select "No journal entry required in the first account field.) a Machine A View transaction list Journal entry worksheet Record the depreciation of Machine A. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general Journal Required: 1. Give all journal entries related to the disposal of each machine in 2015. (If no entry is required for a transactionlevent, select "No journal entry required" in the first account field.) a. Machine A View transaction list Journal entry worksheet