Ch$9$ Q$8$ Please show all of the steps so i can learn how to do it myself

Required information CP9-1 (Algo) Computing Acquisition Cost and Recording Depreciation under Three Alternative Methods [LO 9-2, LO 9-3] [The following information applies to the questions displayed below.] At the beginning of the year, Seraglio Companies bought machinery, shelving, and a forklift. The machinery initially cost $32,800 but had to be overhauled (at a cost of $2,640) before it could be installed (at a cost of $1,320) and finally put into use. The machinery's total life was estimated as 40,000 hours, with an estimated residual value of $1,000. The machinery was actually used 5,000 hours in year 1 and 7,000 hours in year 2. Repair costs were $530 in each year. The shelving cost $10,200 and was expected to last 5 years, with a residual value of $780. The forklift cost $18,900 and was expected to last six years, with a residual value of $2,360. CP9-1 (Algo) Part 3 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.) View transaction list Journal entry worksheet Record the year 2 depreciation expense for the machinery. Note: Enter debits before credits. Transaction General Journal Debit Credit