At the beginning of the year, Plummer's Sports Center bought three used fitness machines from Brunswick Corporation. The machines immediately were overhauled, installed, and started operating. The machines were different; therefore, each had to be recorded separately in the accounts.

	Machine A		Machine B		Machine C
Invoice price paid for asset	$	27,300	$	30,900	$	25,700
Installation costs		1,500		2,800		1,600
Renovation costs prior to use		2,900		2,600		2,400

By the end of the first year, each machine had been operating 5,200 hours.

2. Prepare the 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.)

	ESTIMATES
Machine		Life	Residual Value		Depreciation Method
A		9 years	$2,900		Straight-line
B		65,000 hours	3,800		Units-of-production
C		9 years	3,100		Double-declining-balance