At the beginning of the year,

Soldano.com bought machinery, shelving, and a forklift. The machinery initially cost $$28,800$ but had to be overhauled $($at a cost of $$1,840)$ before it could be installed $($at a cost of $$920)$ and finally put into use. The machin$$ry$\text{'}$s total life was estimated as $40,000$ hours, rvith an estimated residual value of $$1,000.$ The machinery was actually used $5,000$ hours in year $1$nd $7,000$ hours in year $2.$ Repair costs were $$430$ in each year.

The shelving cost $$9,700$ and was expected to last $5$ years, with a residual value of $$680.$ The forklift cost $$14,400$ and was expected to last six years, with a residual value of $$2,160.$

$3.$ Prepare the journal entry to record year $2$ depreciation expense for the machinery. $($Do not round intermediate calculations. If no entry is required for a transaction$/$event$,$ select $"$No Journal Entry Required" in the first account field.$)$