CP9-1 Computing Acquisition Cost and Recording Depreclation under Three Alternative Methods ILO 9-2, Lo 9-3] At the beginning of the year, Young Company bought three used machines from Vince, Inc. The machines immediately were overhauled, were installed, and started operating. Because the machines were different, $8,000 $26,400 $10,100 300 n costs prior to use2,300 480 1,600 1,000 525 By the end of the firsf year, each machine had been operating 3,000 hours. Required: 1. Compute the cost of each machine. (Do not round intermediate calculations. If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) S 300 1,000 6 10000 yours1000 Doutbo'rdedining doalan