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Nicole's Getaway Spa $($NGS$)$ purchased a hydrotherapy tub system to add to the wellness programs at NGS$.$ The machine was purchased at the beginning of the year at a cost of $$15,500.$ The estimated useful life was five years and the residual value was $$1,500.$ Assume that the estimated productive life of the machine is $10,000$ hours. Expected annual production was year $1,2,350$ hours; year $2,2,500$ hours; year $3,2,050$ hours; year $4,2,100$ hours; and year $5,1,000$ hours.

$2.$ Assume NGS sold the hydrotherapy tub system for $$4,650$ at the end of year $3.$ Prepare the journal entry to account for the disposal of this asset under the three different methods. $($Do not round intermediate calculations. If no entry is required for a transaction$/$event$,$ select $"$No Journal Entry Required" in the first account field. Round your final answers to the nearest dollar amount.$)$

Journal entry worksheet

A

B

C

Record the disposal of the hydrotherapy tub system for $$4,650$ in year $3$ assuming depreciation was calculated using the straight$-$line method.

Note: Enter debits before creditsNEED DONE IN $10$min WILL LEAVE GOOD REVIEW