$[$The following information applies to the questions displayed below.$]$

Onslow Company purchased a used machine for $$240,000$ cash on January $2.$ On January $3,$ Onslow paid $$8,000$ to wire electricity to the machine. Onslow paid an additional $$1,600$ on January $4$ to secure the machine for operation. The machine will be used for six years and have a $$28,800$ salvage value. Straight$-$line depreciation is used. On December $31,$ at the end of its fifth year in operations, it is disposed of$.$

$3.$ Prepare journal entries to record the machine's disposal under each separate situation: $($a$)$ it is sold for $$22,000$ cash and $($b$)$ it is sold for $$88,000$ cash.

$\backslash$table$[[$No$,$Date,General Journal,Debit,Credit$],[1,$December $31,$Cash,$22,000,],[,$Aocumulated depreciation$-$Machinery,$184,000,],[,$Loss on sale of machinery,$43,600,],[,$Machinery,,$249,600],[2,$December $31,$Cash,$88,000,],[,$Aocumulated depreciation$-$Machinery,$184,000,],[,$Gain on sale of machinery,,$\backslash$times $],[,$Mineral deposit,,$249,600]]$