On January 1, 2015, Evers Company purchased the following two machines for use in its production process. Machine A: The cash price of this machine was $52.100. Related exercitures included: sales tax $2,900, shipping costs $120, insurance during shipping $90, installation and testing costs $0, and $200 of oil and lubricants to be used with the machinery during its first year of operations Evers estimates that the useful life of the machine is 5 years with a $5,100 salvage value remaring at the end of that time period. Assume that the straight-ine method of depreciation is used Machine B: The recorded cost of this machine was $201,600. Everestimates that the useful life of the machine is 4 years with a $11,500 salvage value remaining at the end of that time period. Your answer is correct. Prepare the following for Martin A. (Round answers to decimal places, w.g. 2,125. If no untry is required, wafect "Nountry" for the account titles and water for the amounts. Crudit account titlu wrawutomatically induvated when amount is unarud. Do not indust muually.) 1. The journal entry to record ita prowary 1, 2015. 2. The journal entry to record annual depreciation at December 31, 2015. No. Account Titles and Explanation Debit Credit 55290 I Cash 55290 Depreciation Expense 1003 Accumulated Depreciate 1003 SHOW LIST OF ACCOUNTS SHOW SOLUTION LINK TO TEXT Attempts: 1 of 3 used (b) Cakulate the amount of depreciation expere that Evers should record for Hadrine Beach year of its actul le under the following surrption. (Round final answers to decimal places, e.g. 2.125.) (1) Evers uses the straight-inc method of depreciation. (2) EVH UK the edining new method. There is twice the right-Irerute (3) Evers uses the units-of-activity method and estimates that the usctul life of the machine is 171,100 units. Actual usage as follows: 2015, 59,200 units; 2016, 47,700 units, 2017, 34,900 units; 2013, 29,300 unit. 2015 2016 2012 2018 Straight lina method $ Decining-balance method Urits-f-vity method