Retur Diaz Company owns a machine that cost $125,900 and has accumulated depreciation of $90,400. Prepare the entry to record the disposal of the machine on January 1 in each seperate situation, 1. The machine needed extensive repairs and was not worth repairing Diaz disposed of the machine, receiving nothing in return. 2. Diaz sold the machine for $16,200 cash. 3. Diaz sold the machine for $35,500 cash. 4. Diaz sold the machine for $41,500 cash. Answer is not complete. No Date Jan 01 1 Credit General Journal Accumulated depreciation-Machine Loss on disposal of machine Debit 90.400 olo 2 Jan 01 S Cash Accumulated depreciation Machine Machine W Answer is not compiere. Debit Cred No Date 90,400 1 General Journal Accumulated depreciation Machine Loss on disposal of machine Jan 01 >> O 2. Jan 01 Cash Accumulated depreciation-Machine Machine 3 Jan 01 Cash Accumulated depreciation-Machine Machine 03 4 Jan 01 Cash Accumulated depreciation-Machine Machine Gain on sale of machine