https:// Chapter 9 Homework Help Seve & Exit Submit At the beginning of the year, Grillo Industries t were overhauled, were installed, and started operating. Because the machines were different accounts y ought three used machines from Freeman Incorporated The machines immediately , each was recorded separately in the 20 poinns t of the asset Installation coses Renovation costs prior to use Repairs after production began 9,780 1,400 Print By the end of the first year, each machine had been operating 8,000 hours Required: 1. Compute the cost of each machine 2. Prepare the journal entry to record depreciation expense at the end of year 1, assuming the following Hachine Residual value Depreciation Rethed Stralght-line Double decllning-balance 0 years 2,100 Complete this question by entering your answers in the tabs below or S BEE Ne