Required information The following information applies to the questions dispiayed below] At the beginning of the year, Cruz \& Turner Corporation bought three used mochines. The machines immediately were overhauled, were instolled, and started operating. Because the machines were different, each was recorded separately in the sccounts. Detalls for Machine A are provided below. 3. Prepare the journal entry to record yeor 2 straight-ine depreciation expense for Machine A, assuming an estimated ife of 4 years and $1,000 residual value. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) Required information The foliowing information applies to the questions displayed below] At the beginning of the year, Cruz \& Tumer Corporation bought thee used machines. The machines immediately were overhauled, were installed, and started operating. Becouse the machines were different, cach was recorded sepnrately in the accounts. Details for Machine A are provided below. 5. Prepare the journal entry to fecord year 2 units-of-production depreciation expense for Machine B, assuming a capitalized cost of $49,140, an estimated life of 30,000 hours, $4,500 residual value, and actual year 2 use of 8,000 hours, (Do not round intermediate calculations. If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) Ch 9 Graded Homework Assignment (i) Satwe Heip Save s fait 5ubmit Check my work Required intormation Part 5 or 7 Journal entry worksheet A 1. Recond the year 2 depreciation expense for Machine B. Shipowit etlook hote Enter debte before ondts. nine Anterences. \begin{tabular}{|c|c|c|c|c|} \hline Trinsaction & General Journal & Debit & Credit \\ \hline & & & & \\ \hline & & & & \\ \hline \end{tabular} Ch 9 Groded Homework Assignmem (i) tani H+lp Save R, Exit Submit Check my werk Required information Journal entry worksheet Part 3 or 7 A. 1 Record the year 2 depreciation expense for Machine A. Hhentive Notei ther dabits belore ereans. notoor Ninit \begin{tabular}{|c|c|c|c|} \hline Trahsection & Geoeral Joumal & Debit & Credit \\ \hline 1 & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline \end{tabular} Record entry Clear entry View general leurnal Mc