Chapter 8 Homework Saved Help Save & Exit Submit Check my work 10 Diaz Company owns a machine that cost $126,200 and has accumulated depreciation of $92,200. Prepare the entry to record the disposal of the machine on January 1 in each separate situation. 1. The machine needed extensive repalrs and was not worth repairing. Diaz disposed of the machine, receiving nothing in return 2. Dlaz sold the machine for $16,300 cash. 3. Dlaz sold the machine for $34,000 cash. 4. Diaz sold the machine for $41,800 cash. 1 points eBook Hint View transaction list Print References Journal entry worksheet 2 3 4 Record the disposal of the machine receiving nothing in return. Note: Enter debits before credits. Debit Credit Date General Journal Accumulated depreciation Machine January 01 Mc