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At the beginning of the year, Plummer's Sports Center bought three used fitness machines from Primo Fitness, an established supplier of used, new and refurbished gym equipment in Southern California. The machines immediately were overhauled and started operating. The machines were different; therefore, each had to be recorded separately in the accounts.

	Machine A	Machine B	Machine C
Invoice price paid for asset	$15,900	$38,500	$12,900
Shipping costs (paid by Plummer)	1,400	1,800	500
Renovation costs prior to use	2,600	1,300	2,600

By the end of the first year, each machine had been operating 5,300 hours.

2. Prepare the entry to record depreciation expense at the end of Year 1, assuming the following.

Note: Do not round intermediate calculations. If no entry is required for a transaction/event, select "No journal entry required" in the first account field.

	ESTIMATES
Machine	Life	Residual Value	Depreciation Method
A	6 years	$2,500	Straight-line
B	77,000 hours	3,100	Units-of-production
C	5 years	2,100	Double-declining-balance