Recording Fixed Asset Disposal On Asail 4, one of two large production mochines used by Evert Company aripped a gear, causing myor internal damage. On A Ani 5 , the compacy decided to purchase a new machine icost of \$292.00\%) so that prooklion could continue. The old machine had the following account balances on january II original cose 5144,000 accumuated deprecation, 1100 , s00 iz0.year ife, no residual value' The company rejected a trade-in offer of 321.600, Instead, the old machne wos sold on April 5 to another company for $38,400. Evert spent 84,800 on cieaning and 51,600 en movige the ald machine priac to shipping. Insurance premiums (prepaid) on the old machine were 3720 the unused portion of the premium is applied to the new machine for the same coverase and cost. That insurance was paid on january 1 and covered the period Jarwary 1 through Becember 31 . a. Alecoed the entry for Evert Company to purchase equipment an Aaril5. b. Record the entries for fvert Compary on Apris 5 to dispose of the old mathine, includirg any required updates for debreclation and for inturince erpente. Note: ftound answers to the neareut whele dollar