16 Required information [The following information applies to the questions displayed below.) Part 8 of 8 At the beginning of the year, Grillo Industries bought three used machines. The machines immediately were overhauled, were installed, and started operating. Because the machines were different, each was recorded separately in the accounts. Details for Machine A are provided below. 5 points Skipped Cost of the asset Installation costs Renovation cont prior to use Repairs after production began $9,000 800 600 500 eBook 7. Prepare the journal entry to record year 2 double-declining balance depreciation expense for Machine C, which has a cost of $25,400, an estimated life of 10 years, and $1,400 residual value. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) Print View transaction list References Journal entry worksheet > Record the year 2 depreciation expense for Machine C. Note: Enter debits before credits. Transaction General Journal Debit Credit 1 Record entry Clear entry Vlew general Journal