You are implementing fixed assets for your company. Your company buys a machine for 100.000 USD and recognizes 10,000 USD of depreciation per year over the following ten years. At that time, the…

You are implementing fixed assets for your company. Your company buys a machine for 100.000 USD and recognizes 10,000 USD of depreciation per year over the following ten years. At that time, the machine is not only fully depreciated, but the company is eliminating the machine without receiving any payment in return. What are two available methods to eliminate a fixed asset? Each correct answer presents a complete solution.