On January 1. 2022. Whispering Winds Company purchased the following two machines for use in its production process. Machine A. The cahh price of this machine was 537,000 . Related expenditures also paid in cash included sales tax 51,500 , thipeint costs 5100 , inturance during shipping $50, installation and testing costs 550 , and 5100 of oil and lubricants to be used with the machinery during its first vear of operations. Whispering Winds estimates that the useful life of the machine is 5 years with a $4000 salvare value remaining at the end of that time period. Assume that the strainht tine nethod of depreciation is used. Mxhim 8. Thie recorded cost of this machine was 5180.000. Whispering Winds estimates that the useful life of the machine It 4 years with a 510,000 salvage value remaining at the end of that time period. The journal entry to record annual depreciation st December 31. 2022. Depreciation Expense 2024 2023 Dedining Units -a- eTestbook and Media Assistance Used vist of Accounts