15.9. See Thru Glass Company purchased a new glass-cutting machine on May 13, 19X8, for $28,000 and put it into use on May 19, 19X8. The machine has an estimated scrap value of $4,000 and will be depreciated by the straight-line method over 5 years. The See Thru Glass Company's year ends on December 31, 19X8. What would the entry be on December 31, 19X8?