hi Zephyr Minerals completed the following transactions involving machinery Machine No. 1550 was purchased for cash on April 1, 2023, at an installed cost of $56,000 its useful life was estimated to be six years with a $2,000 trade in value Straight line depreciation was recorded for the machine at the ends of 2023, 2024, and 2025 On March 29, 2026, it was traded for Machine No. 1795, with an installed cash price of $64,000. A trade in allowance of $30,410 was received for Machine No. 1550, and the balance was paid in cash. The fair values of Machine No. 1550 and Machine No. 1795 could not be determined. Machine No. 1795's life was predicted to be four years with a trade in value of $8.400 Double declining balance depreciation on this machine was recorded each December 31. On October 2, 2027, it was traded for Machine No BT-311, which had an installed cash price of $483,000, the machine's fair value. A trade an allowance of $10,000 was received for Machine No. 1795, and the balance was paid in cash. It was estimated that Machine No. BT-311 would produce 200,000 units of product during its five year useful life, after which it would have a $15,000 trade in value. Units of production depreciation was recorded for the machine for 2027, a period in which it produced 26,000 units of product. Between January 1, 2028, and August 21, 2030, the machine produced 101,000 more units. On August 21, 2030, it was sold for $81,400 Required: Prepare journal entries to record (Round intermediate calculations to the nearest whole dollar) a. The depreciation expense recorded to the nearest whole month on the first December 21 of each machine's life. (Round the final answers to the nearest whole dollar) View transaction list

be determined cash. ro30, it was sold for set,400 Pequired: enswers to the neerest whele dolier) b. The purchase/exchange/disposal of each machine. (Plound the final answers to the nearest whole dollar.) Journal entry worksheet 4 Record purchase of Machine 15s0. Noter Enter debis belore areite