Prepare journal entries in chronological order for the given events, beginning with the purchase of the machinery on January 11, 2020. Show separately the amount of depreciation expense that will be recorded in 2020 through 2024.

Required: a. Prepare journal entries in chronological order for the given events, beginning with the purchase of the machinery on January 11 , 2020. Show separately the amount of depreciation expense that will be recorded in 2020 through 2024. Note: Do not round intermediate calculations. Round your final answers to the nearest whole number. If no entry is required for a transaction/event, select "No journal entry required" in the first account field