Rayya Company purchases a machine for $184,800 on January 1, 2021. Straight-line depreciation is taken each year for four years assuming a eight-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 $92,400 cash. (2) The machine is sold for $77,616 cash. View transaction list View journal entry worksheet No 1 ces Date General Journal July 01, 2025 Depreciation expense-Machinery Accumulated depreciation-Machinery Debit Credit