OConnor Company ordered a machine on January 1 at a purchase price of $80,000. On the date of delivery, January 2, the company paid $20,000 on the machine and signed a long-term note payable for the balance. On January 3, it paid $800 for freight on the machine. On January 5, OConnor paid cash for installation costs relating to the machine amounting to $4,800. On December 31 (the end of the accounting period), OConnor recorded depreciation on the machine using the straight-line method with an estimated useful life of 10 years and an estimated residual value of $8,600. Required: Indicate the effects (accounts, amounts, and + for increase, for decrease) of each transaction (on