On March 20. 2020, Fine Touch Corporation purchased two machines at auction for a combined total cost of $219000. The machines were listed ia the iuction catalogue at $110,000 for nikhine X and 5155.000 for machine Y. Immediately after the puction. Fine Touch had the machines professionally appraised so it could increase its insurance coverage The agpraisal put af 1 ir value of $106,650 on mathine X and $130.350 on machine X. On March 24, Finetouch paid a total of 54,600 in transportation and installation charges for the two machinex. No further expendifures were made for machine X but $5,000 wat paid on Marth 29 for improvements to mochine Y. On March 31,2020 , bothmachines were ready to be used. value of 512,760 at that Hime Due to the different characteristics of the two machines, different depreciation method will be used for them machine X will be depareciated inite the doubie diniminhing: bdance method and machine Y ising the straight tine method. Prepare the journal entries to record the transportation, installation, and improvement costs for each machine, (Credit occoint titles are automitically indented when the amount is entered Do not ihdert manually. Round percentage to 1 decimal place for es. 40.1 and Round answers to the nearest whole dollac, eg. 5.275, If so entry b required, select "Wo Entry' for the actount tibes and enter Ofor the amounts Round answers to the nearest whole dollar, es 5,275. If no entry is required, select "No Entry' for the aceount ities and enter O for the amounts