16. Company A acquires 80% of outstanding shares of Company B. On 1/1/2016, parent company sold to subsidiary company machines at a price of 18,000 $, noting that the cost of machines in parent books was 25,000 $ and the balance of the accumulated depreciation of machines was 9,000 $, the remaining life of the machines is 4 years, and the machines were consumed using the straight-line method. Company B estimated the useful life of the machines as 3 years and decided to consume them using the sum-of-the-years method. The net profit of subsidiary at the end of 2016 is 40,000$, and 80,000$ in 2017. based on the above information solve questions 16-17. 17.- the working sheet entry at the end of 2016 to adjust the machines depreciation expense is: (3 Points) O debit machines accumulated depreciation 5,000, credit machines depreciation expense 5,000 o debit machines accumu ated depreciation 4 000 credit machines depreciation expense 4.000 debit machines accumulated depreciation 3 000 credit machines depreciation expense 3.000 O no entry