The following information applies to the questions displayed belowJ During the current year, Merkley Company disposed of three different assets. On January 1 of the current year, prior to their disposal, the accounts reflected the following ResidualEstlmated Original Cost Asset Machine A Machine B Machine C (straight line) 26,000 (4 years) 30,750 (6 years) 51,675 (12 years) Life $42,0003,000 6 years 4,000 8 years 6,900 16 years 45,000 75,800 The machines were disposed of in the following ways a. Machine A: Sold on January 1 for $15,500 cash. b. Machine B: Sold on December 31 for $9,825; received cash, $2.200, and a $7,625 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 Jonuary 10, a salvage company removed the machine at no cost value 1.00 points Required: 1. Give all journal entries related to the disposal of each machine in the current year.(if no entry is required for a transaction/event, select No journal entry requir a. Machine A. View transaction list MacBook Air