On January 1,the Matthews Band pays 68,009 for sound equipment.The band estimates

Cala Manufacturing purchases land for $291,000 as part of its plans to build a new plant. The company pays $33,400 to tear down an old building on the lot and $49,374 to fill and level the lot. It also pays construction costs $1.276,300 for the new building and $80,564 for lighting and paving a parking area. Prepare a single journal entry to record these costs incurred by Cala, all of which are paid in cash. View transaction list Journal entry worksheet A Record the total costs of the plant assets. Note: Enter debits before credits Transaction General Journal Dobit Credit Record entry Clear entry View general journal Required information The following information applies to the questions displayed below.) Ramirez Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of $86,200. The machine's useful life is estimated at 10 years, or 396,000 units of product, with a $7,000 salvage value. During its second year, the machine produces 33,600 units of product. Determine the machine's second-year depreciation and year end book value under the straight-line method. Straight-Line Depresiation Choose Numerator Choose Denominator Annual Depreciation Expense Depreciation expense 0 Year 2 Deposition Year end boe Value (Year 2