On January 1, Hawaiian Specialty urchased equipment life is expected to be $4,400. The machine operated for 3,180 hours in the first year, and the company expects the machine to operate for a total of 28,000 hours. Record depreciation expense for each of the first two years using the straight-line method. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet < 2 Record the depreciation expense for the first year using the straight-line method. Notes Enter debits before credits. Date General Journal Debit Credit