please help

(1) the purchase of the machine

(2)depreciation expense for the years 2021

(3)depreciation expense for the years 2022

(4) depreciation in 2023 under the revised estimates of useful life and salvage value

(5) the expenditure for major repairs in 2024

(6) depreciation expense for 2024

CH9 (B) Left Time: 45:58 Progress: 0/16 Submit Attachment Upload 16. Line Corporation acquired a machine on January 1, 2021, for $77.500 The useful life of the machine was estimated to be eight years with a salvage value of $5,500. Depreciation is recorded on December 31 of each year using the sum of year's digit method. At the beginning of 2023, the company estimated the remaining useful life of the machine to be four years and changed the estimated salvage value from $5,500 to $2,500. On January 1, 2024, major repairs on the machine cost the company $34,000. The repairs added two years to the machine's useful life and increased the salvage value to $3,000 Prepare journal entries to record the following transactions Question Group (24 Points) (1) The purchase of the machine Short Answer Points) I Attachment Upload