Required information [The following information applies to the questions displayed below.] During the current year, Yost Company disposed of three different assets. On January 1 of the current year, prior to the disposal of the assets, the accounts reflected the following: Accumulated Depreciation Asset Machine A Machine B Original Cost Residual Value Estimated Life $21,000 $3,000 10 years 15,600 10 years Machine C 5,300 17 years 130,000 75,700 (straight line) $14,400 (8 years) 91,520 (8 years 49,694 (12 years) The machines were disposed of during the current year in the following ways: a. Machine A: Sold on January 1 for $6,000 cash. b. Machine B: Sold on December 31 for $50,040; received cash, $40,032, and an $10,008 interest-bearing (12 percent) note receivable 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. a. Machine A. b. Machine B. c. Machine C. Complete the following questions by preparing worksheet and journal entries given below. Required A Required B Required C Give all journal entries related to the disposal of Machine A in the current year. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. View transaction list Journal entry worksheet 1 2 Record the depreciation of Machine A. Journal entry worksheet 1 2 Record the depreciation of Machine A. Note: Enter debits before credits. Transaction January 01 General Journal Debit Credit Journal entry worksheet 1 2 Record the depreciation of Machine A. Note: Enter debits before credits. Transaction January 01 General Journal Debit Credit