Required information PA9-1 (Algo) Computing Acquisition Cost and Recording Depreciation under Three Alternative Methods [LO 9-2, LO 9-3) [The following information applies to the questions displayed below.) At the beginning of the year. Cruz & Turner Corporation bought three used machines. The machines immediately were overhauled, were installed, and started operating Because the machines were different, each was recorded separately in the accounts. Details for Machine A are provided below. Cost of the asset $9, 100 Installation costs Renovation costs prior to use 630 Repairs after production began 530 810 PA9-1 (Algo) Part 2 2. Compute year 2 straight-line depreciation expense for Machine A, assuming an estimated life of 4 years and $1,000 residual value Year 2 straight-line depreciation expense