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

During 2015, Merkley Company disposed of three different assets. On January 1, 2015, prior to their disposal, the accounts reflected the following:

AssetOriginal

CostResidual

ValueEstimated

LifeAccumulated

Depreciation

(straight line)Machine A$27,000$3,0008 years$18,000 (6 years)Machine B61,0004,0008 years42,750 (6 years)Machine C75,2005,20017 years49,412 (12 years)

The machines were disposed of in the following ways:

a.Machine A: Sold on January 1, 2015, for $8,600 cash.b.Machine B: Sold on December 31, 2015, for $11,825; received cash, $2,300, and a $9,525 interest-bearing (12 percent) note receivable due at the end of 12 months.

c.Machine C: On January 1, 2015, this machine suffered irreparable damage from an accident. On January 10, 2015, a salvage company removed the machine at no cost.

9.

value:

1.00 points

Required information

Required:1.Give all journal entries related to the disposal of each machine in 2015.(If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

a.Machine A.

b.Machine B.

c.Machine C.