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Required information [The following information applies to the questions cisplayed below] At the beginning of the yeac, Algernon Companies bought three used machines. The machines

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Required information [The following information applies to the questions cisplayed below] At the beginning of the yeac, Algernon Companies bought three used machines. The machines immeciately were overhauled, were instaled and started operating. Because the machines were offerent each was recorded separately in the accounts Details for Machine A are provided below 5. Prepare the ournal entry to record year 2 units-ot-production depceciason expense for Machige 8 ; assuming a capifalized cost of $42.840, an estimated life of 30,000 hours, $4,500 resicual yalue and actual year 245 ef of 8,000 hours. (Do not round insermeciate calculations. If no entry is required for o transaction/ovent, select "No Journol Entry Required" in the first occount fleid

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