At the beginning of the year, Grillo Industries bought three used machines from Freeman Incorporated. The machines immediately were overhauled, were installed, and started operating. Because the machines were different, each was recorded separately in the accounts.

	Machine A			Machine B			Machine C
Cost of the asset	$	10,800		$	40,000		$	23,800
Installation costs		950			3,900			3,000
Renovation costs prior to use		750			3,500			4,000
Repairs after production began		700			900			2,500

	Cost of Machine
A	$12,500
B	$47,400
C	$30,800

Prepare the journal entry to record depreciation expense at the end of year 1, assuming the following: (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field. Do not round intermediate calculations.)

	Estimates
Machine	Life	Residual Value				Depreciation Method
A	5 years		$	2,800		Straight-line
B	20,000 hours			2,400		Units-of-production
C	10 years			1,600		Double-declining-balance

Record the depreciation expense for the three used machines at the end of year 1.