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E9.6 (Algo) Computing and Recording Straight-Line Depreciation [LO 9-3] Yozzie incorporated bought a machine at the beginning of the year at a cost of $34,000.

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E9.6 (Algo) Computing and Recording Straight-Line Depreciation [LO 9-3] Yozzie incorporated bought a machine at the beginning of the year at a cost of $34,000. The estimated useful life was five years and the residual value was $4,000 Required: 1. Complete a depreciation schedule for the straight-line method 2. Prepare the journal entry to record Year 2 depreciation Complete this question by entering your answers in the tabs below. Complote a depredation schedule for the straight-line method. Prepare the journal entry to record Year 2 depreciation. (If no entry is required for a transaction/event, select "No Joumaf Entry Required in the first account field.) Journal entry worksheet Record the adjusting entry for depreciation expense for Year 2. Tinke: Fonter dehits bufor= crudits

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