On January 1, 2019 Dumbledore Co. purchased a parselweaver for $10,000,000 cash. The corporation expects to use the machine for 100,000 hours over the next 5 years. The estimated residual value of the machine at the end of the 5th year is $100,000. The corporation uses the machine for 15,000 hours in 2019 and 22,000 in 2020. Give the journal entry to record the purchase of the parselweaver for cash on Jan 1 and the Dec 31 journal entry for depreciation for 2019 if the company uses the units of production method of depreciation.