only part c please

Your answer is correct. On January 1, 2024, Crane Ltd. purchased a piece of machinery for $39,000. At the time, management determined that the nachinery would have a residual value of $4,800 at the end of its 10 -year life. Crane has a December 31 year end and uses the traight-line depreciation method. (Recond entries in the order dispiaved in the problem statement Credlt account titles are automaticolly indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account tities and enter O for the amounts. (List all debit entries before credit entries) On January 1, 2024, Crane Ltd. purchased a piece of machinery for $39,000. At the time, management determined that the machinery would have a residual value of $4,800 at the end of its 10-year life. Crane has a December 31 year end and uses the double-diminishing-balance method for depreciation of equipment. (Record entries in the order displayed In the probiem statement. Credit occount titles are automatically indented when the amount is entered. Do not indent manualik If no entry Is required, select "No Entry" for the account titles and enter O for the amounts. List oll debit entries before credit entries) On October 31, 2024, Crane Ltd purchased a piece of machinery for $39,000. At the time, management determined that the machinery would have a residus value of 54,800 at the end of its 10-year lite. Crase has a December 31 ye ar end and uset the straight-line depreclation method. Crase endedupsetling the nlect of ceulgment on March 31, 2026, for $30,000. ifircent mifies In the order disployed in the problem stotement. Credit occoint tities art eutomotically indented when the amount is entered De not Crtadit erierles.)