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	$	32,300	$	32,300	$	23,400
Installation costs		2,300		2,400		1,100
Renovation costs prior to use		4,000		1,000		1,900

By the end of the first year, each machine had been operating 6,500 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	$1,700		Straight-line
B		64,000 hours	3,700		Units-of-production
C		8 years	1,500		Double-declining-balance