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perol Industries started their business on January ist. On the first day of operations, they purchased three machines. These machines II had varying costs, useful

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perol Industries started their business on January ist. On the first day of operations, they purchased three machines. These machines II had varying costs, useful lives, and residual values. They are forecasting their fixed asset book valuTs and depreciation expense. hey have provided the dashboard below. The first line chart demonstrates the book value of each asset as of the end of each year, Whlle the second line chart demonstrates the total depreciation expense expected to be recorded in the income statement each year. perol Industries employs straight-line depreciation on all of their assets, Total Depreciation Expense Each Year $5 Year 1 Year 2 sit. to bleau Required: 1. Using the dashboard above, fill out the following table: 2. Record the Year 1 depreciation entry for each machine: Journal entry worksheet Record the Year 1 depreciation entry for machine A. Note: Enter debits before credits. Journal entry worksheet Record the Year 1 depreciation entry for machine B. Note: Enter debits before credits. Journal entry worksheet Record the Year 1 depreciation entry for machine C. Note: Enter debits before credits

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