On April 1, 2019, MJK Corporation purchased and placed into service a plant asset (paint machine). The following information is available regarding the plant asset: Acquisition Cost $150,000 Estimated Salvage Value S15.000 Estimated Useful Life 5 years Estimated Useful Life 10,000 units Required: In 2019, MJK Corporation mixed 1,500 cans of paint and in 2020 the company mixed 2,600 cans of paint. Make the necessary journal entries at December 31, 2019 and December 31, 2020 to record depreciation for each year under the following depreciation methods: Straight-line Double-declining balance Units of Production 1. 2. 3. Date Account Titles Debit Credit