3) Ghostly Howls Ltd. (GHL) purchased two sound machines together to get a lower cash price on January 1,2022. After some negotiation, GHL purchased Sound Machine 1 and Sound Machine 2 for $135,000. Although they are both sound machines, they are different in their function and options. If purchased separately, Sound Machine 1 sells for $112,500 and Sound Machine 2 sells for $37,500. Both machines are expected to be used for five years and have no residual value. Required (10 marks): Prepare the journal entry GHL will record for this purchase and any adjusting entries required at their December 31,2022 year end. (Show your calculations.)