On April 7, 2024, Cullumber Corporation purchased two excavators at auction for a combined total cost of $328,000. The excavators were listed in the auction catalogue at $125,000 for excavator A and $260,000 for excavator B. Immediately after the auction, Cullumber had the excavators professionally appraised so it could purchase adequate insurance coverage. The appraisal put a fair value of $109.620 on excavator A and $268.380 on excavator B. On April 10, Cullumber paid a total of $4,000 in transportation charges for the two excavators. On April 28, Cullumber paid \$9,000 for improvements to excavator B and no further expenditures were made for excavator A. On April 30, 2024, both excavators were ready to be used. The company expects excavator A to last eight years and to have a residual value of $7.300 when it is removed from service, and it expects excavator B to be useful for six more years and have a residual value of $19,400 at that time. Due to the different characteristics of the two excavators, different depreciation methods will be used for them: excavator A will be depreciated using the double-diminishing-balance method and excavator B using the straight-line method. (a) Prepare the journal entry to record the purchase of the excavators, indicating the initial cost of each. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. List all debit entries before credit entries.)