Help me prepare the journal entry and the depreciation expense.

Pete's Propellers Company showed the following information in its Property, Plant, and Equipment Subledger regarding Machine #5027. Machine #5027 Date of Depreciation Est. Component purchase Method* Cost Residual Est. Life Single metal housing Jan. 12/18 SL $ 44,000 $ 5,060 15 yrs Motor Jan. 12/18 DDB 31, 000 2,060 10 yrs Blade Jan. 12/18 SL 10,800 1, 200 5 yrs $ 85,800 "SL = Straight-line; DDB = Double-declining-balance On January 7, 2020, the machine blade cracked and it was replaced with a new one costing $11,400 purchased for cash (the old bla was scrapped). The new blade had an estimated residual value of $1,500 and an estimated life of five years and would continue to depreciated using the straight-line method. During 2020, it was determined that the useful life on the metal housing should be increased to a total of 20 years instead of 15 years and that the residual value should be increased to $9,100. Required: 1. Prepare the entry to record the purchase of the replacement blade. View transaction listJournal entry worksheet 2 Record installation of new blade. Note: Enter debits before credits. General Journal Debit Credit Jan 07, 2020Journal entry worksheet 2 Record replacement/sale of old blade. Note: Enter debits before credits. Date General Journal Debit Credit Jan 07, 20202. Calculate the total depreciation expense to be recorded on Machine #5027 for 2020. Total Depreciation expense