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ck Track FedEx Tracking. Shipping. - home el National Rate Calculator NE oth Caroina PB9-2 Recording a nd Interpreting the Disposal of Long Lived Assets [LO 9-5] During the current year, Rayon Corporation disposed of twodiferent assets. On January 1. prior to their disposal, the accounts reflected the following Accumulated Depreciation (straight-line) Original ResidualEstimated Asset Cost Machine A $57,000 $10,800 Machine B 15,300 2,450 Life years 5 years $26,400 (4 years) 7,710 (3 years) The machines were disposed of in the following ways: a. Machine A Sold on January 2, for $34,600 cash. b. Machine B On January 2, this machine suffered irreparable damage from an acident and was removed immediately by a salvage company at no cost Required: 182. Give the journal entries related to the disposal of Machine A and Machine B on January 2 of the current year (If no entry is required for a transactionlevent, select "No Journal Entry Required" in the first account field.) View transaction list 1 Record the current year depreciation for Machine A prior to disposal. Record the disposal of Machine A. Record the current year depreciation for Machine B prior 2 3 to disposal. Record the disposal of Machine B. Credit 4 Note:journal entry has been entered Record entry Clear entry View general journal