Rayya Company purchases a machine for $109,200 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 situation. (1) The machine is sold for $46,800 cash. (2) The machine is sold for $37.440 cash. No Date Answer is not complete. General Journal 1 July 01, 2025 Depreciation expense-Machinery Machinery 2 July 01, 2025 Cash Machinery Gain on sale of machinery 3 July 01, 2025 Cash Loss on sale of machinery Machinery 00 000 Debit Credit 6,825 6,825 000 46,800 47,775 975 37,440 1 10,335 47,775