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Onslow Company purchased a used machine for $$288,000$ cash on January $2.$ On January $3,$ Onslow paid $$10,000$ to

wire electricity to the machine. Onslow paid an additional $$2,000$ on January $4$ to secure the machine for operation.

The machine will be used for six years and have a $$34,560$ salvage value. Straight$-$line depreciation is used. On

December $31,$ at the end of its fifth year in operations, it is disposed of$.$

Prepare journal entries to record the machine's disposal under each separate situation: $($a$)$ it is sold for $$22,500$ cash and $($b$)$ it is

sold for $$90,000$ cash.