Rayya Company purchases a machine for $126,000 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 situation. (1) The machine is sold for $54,000 cash. (2) The machine is sold for $43,200 cash. View transaction list Journal entry worksheet 1 2 3 Record the depreciation expense as of July 1, 2025. Note: Enter debits before credits. Date July 01, 2025 General Journal Debit Credit Record entry Clear entry View general journal View transaction list Journal entry worksheet 1 2 3 Record the sale of the machinery for $54,000 cash. Note: Enter debits before credits. Date July 01, 2025 General Journal Debit Credit Record entry Clear entry View general journal > View transaction list Journal entry worksheet < 1 2 3 Record the machine sold for $43,200 cash. Note: Enter debits before credits. Date July 01, 2025 General Journal Debit Credit Record entry Clear entry View general journal