Irwin, Inc., constructed a machine at a total cost of $53 mllion. Construction was completed at the end of 2014 and the machine was placed in service at the beginning of 2015. The machine was belng depreciated over a 10-year life using the straight-line method. The residual value is expected to be $3 millon. At the beginning of 2018, Irwin decided to change to the sum-of-the-years-digits method. Ignoring Income taxes, prepare the Journal entry relating to the machine for 2018. (If no entry is required for e transaction/event, select "No journal entry required" in the first account fleld. Enter your answers in milllons rounded to 2 decimal places (.e 5,500,000 should be entered as 5.50).) View transaction list Journal entry worksheet Record the entry relating to the machine for 2018. Note: Enter debits before credits Event General Journal Debit Credit Depreciation expense Accumulated depreciation