Save 00 8 PA9-2 (Algo) Recording and Interpreting the Disposal of Long-Lived Assets [LO 9-5) 3 ti Ly Company disposed of two different assets. On January 1, prior to their disposal, the accounts reflected the following: original Accumulated Depreciation Asset Cost Residual Value Estimated Life straight line) Machine A $43,000 $5,000 5 years 330,400 (4 years) Machine 79,200 5,400 12 years 555, 350 (9 years) The machines were disposed of in the following ways SOOH Front a Machine A: Sold on January 1 for $13,500 cash. b. Machine B: On January 1, this machine was scrapped with zero proceeds and zero cost of removal Required: 1.8 2. Prepare the journal entries related to the disposal of Machine A and B at the beginning of the current year. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View trasie Journal entry worksheet of removal Required: 1. & 2. Prepare the journal entries related to the disposal of Machine A and B at the beginning of the current year. (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