Required informetion [The following infomation apples to the questons displayed below] Onslow Company purchased a used machine for $178,000 cash on January 2 On January 3 , Onsiow pald $2,840 to wire electricity to the machine. Onsiow pald an additional $1,160 on January 4 to secure the machine for operation. The machine will be used for six years and have a $14,000 salvage value. Stralght-line deprecation is used On December 31. at the end of its fifth year in operations, it is disposed of Journal entry worksheet Record the year of disposal year-end adjusting entry for the depreciation expense of the used machine. Notat Fnter dabits before credits