How do I solve this for Machine A, B, and C? !Required information[The following information applies to the questions displayed below.]During the current year, Yost Company disposed of three different assets. On January 1 of the current year, prior to thedisposal of the assets, the accounts reflected the following:Original Cost Residual Value Estimated Life$36,0008 years110,0008 years76,20017 yearsThe machines were disposed of during the current year in the following ways:a. Machine A: Sold on January 1 for $10,750 cash.b. Machine B: Sold on December 31 for $50,300; received cash, $40,240, and an $10,060 interest-bearing (12 percent)note receivable due at the end of 12 months.AssetMachine AMachine BMachine Cc. Machine C: On January 1, this machine suffered irreparable damage from an accident. On January 10, a salvagecompany removed the machine at no cost.a. Machine A.b. Machine B.c. Machine C.Required:1. Give all journal entries related to the disposal of each machine in the current year.Required AComplete the following questions by preparing worksheet and journal entries given below.Required B Required CView transaction list<Give all journal entries related to the disposal of Machine B in the current year.Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field.Journal entry worksheet12Record the depreciation of Machine B.$3,00013,2006,400Note: Enter debits before credits.TransactionDecember 31Accumulated Depreciation(straight line)$24,750 (6 years).72,600 (6 years)49,271 (12 years)Record entryGeneral JournalClear entryDebitCreditView general journal> !Required information[The following information applies to the questions displayed below.]During the current year, Yost Company disposed of three different assets. On January 1 of the current year, prior to thedisposal of the assets, the accounts reflected the following:AssetMachine AMachine BMachine Ca. Machine A.b. Machine B.c. Machine C.The machines were disposed of during the current year in the following ways:a. Machine A: Sold on January 1 for $10,750 cash.b. Machine B: Sold on December 31 for $50,300; received cash, $40,240, and an $10,060 interest-bearing (12 percent)note receivable due at the end of 12 months.Original Cost Residual Value$36,000110,00076,200c. Machine C: On January 1, this machine suffered irreparable damage from an accident. On January 10, a salvagecompany removed the machine at no cost.Required:1. Give all journal entries related to the disposal of each machine in the current year.Required A Required B Required CView transaction listComplete the following questions by preparing worksheet and journal entries given below.Journal entry worksheet1Give all journal entries related to the disposal of Machine A in the current year.Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field.$3,00013,2006,400Record the depreciation of Machine A.TransactionJanuary 012Note: Enter debits before credits.Record entryEstimated Life8 years8 years17 years.Accumulated Depreciation(straight line)$24,750 (6 years)72,600 (6 years)49,271 (12 years)General JournalClear entryDebitCreditView general journal

Name: How do I solve this for Machine A, B, and C? !Required information[The
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Description: How do I solve this for Machine A, B, and C? !Required information[The following information applies to the questions displayed below.]During the current year, Yost Company disposed of three different assets. On January 1 of the current year, prior t