SCH On January 1, 2020, Coronado SA purchased the following two machines for use in its production process. Machine A: The cash price of this machine was R$39.000. Related expenditures included: sales tax R$1850shipping costs R$150, insurance during shipping R$60 Installation and testing costs R$120, and R$200 of oil and lubricants to be used with the machinery during its first year of operations. Coronado estimates that the useful life of the machine 1s5 years with a R$4,600 residual value remaining at the end of that time period. Assume that the straight-line method of depreciation is used. The recorded cost of this machine was R$91.200. Coronado estimates that the fullife of the machine is 4 years with a R$4,900 residual value remaining at the end of that time period Machine B: Prepare the following for Machine A. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) 1 The journal entry to record its purchase on January 1, 2020, The journal entry to record annual depreciation at December 31, 2020, 2 Na. Account Titles and Explanation Debit Credit 1 Calculate the amount of depreciation expense that Coronado should record for Machine Beach year of its useful life under the following assumptions. (Round answers to decimal places, eg. 2,125. Round cost per unit to 2 decimal place, e., 1.25.) (1) 12) Coronado uses the straight-line method of depreciation Coronado uses the declining balance method. The rate used is twice the straight-line rate Coronado uses the units of activity method and estimates that the useful life of the machine is 136,000 units. Actual usage is as follows: 2020, 54,500 units: 2021,38,000 units: 2022. 27.500 units: 2023, 16,000 units. (3) 2020 2021 2022 20 Straight line method R$ R$ R$ RS Declining balance method R$ R$ R$ R$ R$ Units-of- activity method R$ R$ R$ Which method used to calculate depreciation on Machine B reports the highest amount of depreciation expense : In Year 1 (2020) In Year 4 (2023) Over the 4-year period e Textbook and Media List of Accounts