On January $1,$ Hawalian Specialty Foods purchased equipment for $$43,000.$ Residual value at the end of an estimated four$-$year service life is expected to be $$3,070.$ The company expects the machine to operate for a total of $33,000$ hours. The machine operated for $3,200$ hours in the first year and $3,500$ hours in the second year.

Record depreciation expense for the first two years using the activity$-$based method. $($If no entry is required for a particular transaction$/$event$,$ select $"$No Journal Entry Required" in the first account field.$)$

Journal entry worksheet

$1$

$2$

Record the depreciation expense for the first year using the activity$-$based method.

Note: Enter deblits before credits.

$\backslash$table$[[$Date$,$General Journal,Dobit,Credit$],[$Year $1,,,],[,,,],[,,,],[,,,],[,,,],[,,,]]$