On April 1, 2016 Sunrise Plastic Industries (SPI) purchased a new machine costing $87,000. The machine is estimated to have a useful life of six-year or a total production of 450,000 units with an estimated residual value of $12,000 at the end of that time. During 2016, the machine produced 45,000 units of plastic product. The business's year-end is December 31 of each year and the company uses the straight-line method of depreciation for all its fixed assets. Required (Round your answers to the nearest dollar):

(a) Prepare journal entry to record the depreciation expense for the year ended December 31, 2018. Explanation is not required.