On the worksheet below, Section A is 'Record the depreciation of Machine A.' and section B is 'Record the disposal of Machine A'. Please do both parts for all machines.

! Required information [The following information applies to the questions displayed below.] During the current year, Merkley Company disposed of three different assets. On January 1 of the current year, prior to the disposal of the assets, the accounts reflected the following: Original Cost $ 30,000 Asset Machine A Machine B Residual Value $ 3,000 Estimated Life Accumulated Depreciation (straight line) $20,250 (6 years) 39,750 (6 years) 55,920 (12 years) 8 years 8 years 57,000 75,300 4,000 5,400 Machine C 15 years The machines were disposed of during the current year in the following ways: a. Machine A: Sold on January 1 for $9,150 cash. b. Machine B: Sold on December 31 for $11,325; received cash, $2,200, and a $9,125 interest-bearing (12 percent) note receivable due at the end of 12 months. c. Machine C: On January 1, this machine suffered irreparable damage fro an accident. On January 10, a salvage company removed the machine at no cost. Required: 1. Give all journal entries related to the disposal of each machine in the current year. a. Machine A. b. Machine B. c. Machine C. Journal entry worksheet