The machines were disposed of in the following ways a Machine A Sold on January 2 for $25,500 cash b. Machine B. On January 2, this machine was sold to a salvage company at zero proceeds (and zero cost of removal). Required: 1. \& 2. Prepare the journal entries related to the disposal of Machine A and B on the January 2 of the current year. TIP. When no cash is received an disposal, the loss on disposal will equal the book value of the assel at the time of disposal. (If no entry is required for a rransaction/event, select "No Journal Entry Required" in rhe first account field.) Journal entry worksheet Record the disposal of Machine A for $25,500 cash on January 2, 2014. Hote: Enter debits beforte credits. Journal entry worksheet Racord the disposal of Machine B due to irreparable damage from an accident. Notes Enter debits before aredits