answer a b c please

On January 1, 2020, Aramco industries purchased the following two machines for use in its production process. Machine A: The cash price of the machine was $35,000. Related expenditure includes sales tax $2,200, shipping cost $150, insurance during shipping $80, installation and testing costs $70 and $100 of oil and lubricants to be used with the machinery during its first year of operations. Aramco estimates that the useful life of the machine is 5 years with a $5,000 residual value remaining at the end of that time period. Assume that the straight-line method of depreciation is used. Machine B: The recorded cost of this machine was $80,000. Aramco estimates that the useful life of the machine is 4 years with a $5,000 residual value remaining at the end of that time period. Instructions: a. Prepare the following for Machine A 1. The journal entry to record its purchase on January 1, 2020 2. The journal entry to record annual depreciation at December 31, 2020 (3 Marks) b. Prepare the depreciation schedule that Aramco should prepare for Machine B each year of its useful life under the following assumption 1. Aramco uses the straight-line method of depreciation 2. Aramco uses declining balance method. The rate used is twice the straight-line rato. 3. Aramco uses the units-of-activity method and estimates that the useful life of the machine is 125,000 units. Actual usage is as follows: Year Actual usage 2020 42,000 2021 37,000 2022 28,000 2023 18,000 (6 Mark) c. Which Method used to calculate depreciation on Machine B reports the highest amount of depreciation expense in year 1 (2020)