Required information [The following information applies to the questions displayed below.] Duting the current year, Merkley Company disposed of three different assets. On January 1 of the current year, prior to t disposal of the assets, the accounts reflected the following: The machines were disposed of during the current year in the following ways: a. Machine A: Sold on January 1 for $9,700 cash. b. Machine B: Sold on December 31 for $9,225 : recelved cash, $2,500, and a $6,725 interest-bearing (12 percent) note receivable due at the end of 12 months. c. Machine C:On Januarv 1 , this machine suffered irreparable damace from an accident On Januarv 10. a salvace The machines were disposed of during the current year in the following ways: a. Machine A: Sold on January 1 for $9,700 cash. b. Machine B: Sold on December 31 for $9,225; received cash, $2,500, and a $6,725 interest-bearing (12 percent) note recelvable due at the end of 12 months. c. Machine C: On January 1, this machine suffered irreparable damage from an accident. On January 10, a salvage company removed the machine at no cost. Required: 1. Give all journal entries related to the disposal of each machine in the current year. Machine A. Machine B. Machine C. Complete the following questions by preparing worksheet and journal entries given below. Complete the following questions by preparing worksheet and journal entries given below. Give all joumal entries reiated to the disposal of Machine A in the current year. (If no entry is required for a transaction/event, select fournal entry required" in the first account field.) Journal entry worksheet Record the depreciation of Machine A. Journal entry worksheet Wote: Enter debrits before credits