Recuirod information Problem 8.6A (aigo) Disposal of plant essets LO C1, P1, P2 Chtilaw Company purchas a a used machite lor 5144000 cath on Janoaary 2 . On January 3, Onsiow poic 580000 ta wate eiecticify to the mach Factife wil be used for six years and have a 517280 salvege value. Stravght ine deorechation is used On December at. at the inid of ei fitili year if opetatiomm. it is dooosed of Problem B-6A (Algo) Part 1 Roquired: Requiced infumastios Problem ti-6a (Algo) Cripotel of olant assets LO Ct. Pt, 92 Prodem 0-6A (Algo) Part 2 Jounal entry werkeheat He cased mackite 2. Prepare journal entres to pecord depreciation of the machine ot December 3 . Journal entry worksheet Record the year of disponal year-end adjusting entry for the depreciation expense of the used machine. 3. Prepate joumbl entiles to fecord the machine's disposal uoder each separate stuation) (a) it is sold for 522.500 cash and (b) it is ield for $90 too cash: Journal entry worksheet Fecocond wie sale of the used machine for $22,500 cash. Huts finter delinta betwre cocedits. 3. Prepare joimit entries to record the machine's disposal under each separate stuation: (a) it is soid for $22,500cash and (0) it is sold for $90000cinsh Journal entry worksheet Hacord the aitio of tho uled machine for $00,000 rash