Rayya Company purchases a machine for $105,000 on January 1, 2021. 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, 2025, during its fifth year of service. Prepare entries to record the partial year's depreclation on July 1,2025 , and to record the sale under each separate situation. (t) The machine is sold for $45,500 cast, (2) The machine is sold for $25,000 cash. Journai entry woricsheet Record the depreciation expense os of July 1, 2025. Note li rter debith befor le redals Rayya Compsny purchases a machine for $105,000 on January 1, 2021. Straight-line depreclation s taken each year for four years assuming a sevenyear life and no salvage volue. The machine is sold on July 1,2025 , during its fifh year of service. Prepare entries to record the partial year's depreclation on July 1, 2025, and to record the sale under each separate situation. (1) The machine is sold for $45,500 cash. (2) The machine is sold for $25,000 cash. Journal entry worksheet Record the sale of the machinery for $45,500cash. Notei Frilec deciuts behore coredits Rayya Company purchases a machine for $105,000 on January 1, 2021. 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 1.2025, during its fifth year of service. Prepare entries to record the partial year's depreciation on July 1, 2025, and to record the sale under each separate situovon. (1) The machine is sold for $45,500 cash. (2) The machine is sold for $25,000 cash. Journal entry worksheet Record the machine sold for $25,000 cash. Aute triner betith before credits