Expenditures After Acquisition Roanoke Manufacturing placed a robotic arm on a large assembly machine on January 1. At that time, the assembly machine was expected to Lost another 3 year5. The foilowing information is avallable concerning the assembly machine. The robobic arm cast $210,000 and was expectod to extend the useful life of the machine by 3 years, Therefore, the usaful life of the assembly machine, after the arm replacement, is. 6 years. The assembly machine is expected to have s residual value of $126,000 at the end of its useful Whe. Required 1. Prepare the journal entry necessary to record the addition of the robotic arm. If an amount box does not require an entry, leave it blank. 2. Comoute the revised amount of oepreciation expense for the machine using the straight-line method. Prepare the gecessary journal entry to record depreciation expense. If an amount box does not require an entry, ieave it blank.. Dec31 The robotic arm cost $210,000 and was expected to extend the useful life of the machine by 3 years. Therefore, the useful life of the assembly machine, after the arm replacement, is 6 years. The assembly machine is expected to have a residual value of $126,000 at the end of its usefil life. Required: 1. Prepare the journal entry necessary to record the addition of the robotic arm. If an amount box does not require an entry, ieave it blank. 2. Compute the rovised amount of depreciation expense for the mochine using the straight-line method. Prepare the necessary journal entry to record depreciation expense. If an amount box does not require an entry, leave it blank. Der 31 3. What is the book value of the machine at oecember 31 i? Expenditures After Acquisition Roanoke Manufacturing placed a robotic arm on a large assembly machine on January 1. At that time, the assembly machine was expected to Lost another 3 year5. The foilowing information is avallable concerning the assembly machine. The robobic arm cast $210,000 and was expectod to extend the useful life of the machine by 3 years, Therefore, the usaful life of the assembly machine, after the arm replacement, is. 6 years. The assembly machine is expected to have s residual value of $126,000 at the end of its useful Whe. Required 1. Prepare the journal entry necessary to record the addition of the robotic arm. If an amount box does not require an entry, leave it blank. 2. Comoute the revised amount of oepreciation expense for the machine using the straight-line method. Prepare the gecessary journal entry to record depreciation expense. If an amount box does not require an entry, ieave it blank.. Dec31 The robotic arm cost $210,000 and was expected to extend the useful life of the machine by 3 years. Therefore, the useful life of the assembly machine, after the arm replacement, is 6 years. The assembly machine is expected to have a residual value of $126,000 at the end of its usefil life. Required: 1. Prepare the journal entry necessary to record the addition of the robotic arm. If an amount box does not require an entry, ieave it blank. 2. Compute the rovised amount of depreciation expense for the mochine using the straight-line method. Prepare the necessary journal entry to record depreciation expense. If an amount box does not require an entry, leave it blank. Der 31 3. What is the book value of the machine at oecember 31