On March 1, 2023, Blossom Ltd. purchased a machine for $60,000 by paying $18,000 down and issuing a note for the balance. The machine had an estimated useful life of nine years and an estimated residual value of $6,000. Blossom Winds uses the straight-line method of depreciation and has a December 31 year end. On October 30,2025 , the machine was sold for $59,000. (a) Prepare the journal entry to record the acquisition of the machine. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. List all deblt entries before credit entries.)