Honey Bee Company purchased a machine for $\$ 91,000$. The machine has an estimated useful life of 7 years and a salvage value of $\$ 7,000$. Journalize the disposal of the machine under each of the following conditions. (Assume straight-line depreciation.)

1. Sold the machine for $\$ 72,000$ cash after two years.

2. Sold the machine for $\$ 28,000$ cash after five years.