Green Company constructed a machine at a total cost of $76.50 million. Construction was completed at the end of 2020 and the machine was placed in service at the beginning of 2021 . The machine was being depreciated over a 10 -year life using the sum-of-theyears'-digits method. The residual value is expected to be $450 million. At the beginning of 2024 , Green decided to change to the straight-line method Required: 1. Ignoring income taxes, what journal entry(s) should Green record relating to the machine for 2024 ? 2. Suppose Green has been using the straight-line method and switches to the sum-of-the-years'-digits method. Ignoring income taxes, what journal entry(s) should Green record relating to the machine for 2024 ? Complete this question by entering your answers in the tabs below. Ignoring income taxes, what journal entry(s) should Green record relating to the machine for 2024? Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Do oot round. intermediate calculations. Enter your answers in millions rounded to 2 decimal places (i.e., 5,500,000 should be entered as 5.50). Green Compory constructed a mechine at a total coat of 57650 milion Construction was completed mo end of 2020 ma the mechine wos placted inservice at the begining of 2021 . The machine was being oepreciated over a 10-year life uving the sum-of theyears-digits method. The residual value is expected to be $450mill on At the beginning of 2024, Geen decided to change to the straigitine method. Pequired: 1. Ignoring income sasek, what journal entryls) showd Geren record ielating to the machine for 2024 ? 2 Suppose Green has been using the straight-ine method and switches to the sum-od the-years digits method ignorng income isees. What journal enty(s) should Geen record relating to the mechine for 2024 ? Complete this question by entering vour answers in the tabs below. Journal entry worksheet Aecrind the entry plating to the machine for 2024 ung sum-of - ihe years? igts method