On December 31, 2017, Pronghorn Inc. has a machine with a book value of $1,297,200. The original cost and related accumulated depreciation at this date are as follows.

Machine		$1,794,000
Less: Accumulated depreciation		496,800
Book value		$1,297,200

Depreciation is computed at $82,800 per year on a straight-line basis. Presented below is a set of independent situations. For each independent situation, indicate the journal entry to be made to record the transaction. Make sure that depreciation entries are made to update the book value of the machine prior to its disposal.

On April 1, 2018, Pronghorn sold the machine for $1,435,200 to Dwight Yoakam Company. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)

Date	Account Titles and Explanation	Debit	Credit
April 1, 2018	enter an account title to record current depreciation on April 1, 2018	enter a debit amount	enter a credit amount
	enter an account title to record current depreciation on April 1, 2018	enter a debit amount	enter a credit amount
	(To record current depreciation.)
April 1, 2018	enter an account title to record sale of the machine on April 1, 2018	enter a debit amount	enter a credit amount
	enter an account title to record sale of the machine on April 1, 2018	enter a debit amount	enter a credit amount
	enter an account title to record sale of the machine on April 1, 2018	enter a debit amount	enter a credit amount
	enter an account title to record sale of the machine on April 1, 2018	enter a debit amount	enter a credit amount
	(To record sale of the machine.)