please answer and show work

Problems (2 points each) 11. bn January 1, 20x2, Bono Corp. acquired a machine at a cost of $300,000. It is to be depreciated on the straight-line method over a five-year period with no residual value. Because of a bookkeeping error, no depreciation was recognized in Bono's 20x2 financial statements. The oversight was discovered during the preparation of Bono's 20x3 financial statements. Prepare the correcting journal entry in 20x3 and the journal entry for 20x3 Depreciation expense on this machine. Ignore income tax considerations. 20x3 correction journal entry 20x3 depreciation journal entry