Check my work 7 O Required information The following information applies to the questions displayed below! At the beginning of the year, Algernon Companies bought three used machines. The machines immediately were overhauled, were installed, and started operating Because the machines were different each was recorded separately in the accounts Details for Machine A are provided below Part 7 of 7 Cost of the asset Installation costs Renovation costs prior to use Repairs after production begon $9.200 520 560 7. Prepare the journal entry to record yeat 2 double-declining balance depreciation expense for Machine C which has a cost of $25,600, an estimated life of 10 years, and $1400 residual value. (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 w PAY Next > *** 7 Required information VW Amor art 7 of 7 Journal entry worksheet Record the year 2 depreciation expense for Machine C. Noter Enter debits before credits Transaction General Journal Debit Credit 1