Selected transactions of Coromandel Ltd are given below. The company uses straight-line depreciation and calculates depreciation expense to the nearest whole month. 2018 Jan. 4 April 10 Purchased from Brampton Ltd a bottle washer (Serial No. 17538X) for $44,000 cash (net of GST). The useful life of the machine is 5 years and its residual value is expected to be $8,000. Purchased from Granada Ltd a dryer (Serial No. PY43121) for $39,000 cash (net of GST). The machine has a useful life of 6 years and a residual value of $9,000. Open a machinery account (no. 230) and an accumulated depreciation-machinery account (no. 231), and prepare subsidiary property and plant records for the two assets. Post the journal entries to the general ledger accounts and to the subsidiary property and plant records. (Leave blank any answer fields that do not require an answer. Round answers to decimal places, e.g. 5,275) Account Machinery Date Explanation Post ref. 2018 Debit 4/1 Credit 44,000 44,000 39,000 39.000 10/4 Account Accumulated depreciation-machinery Date Explanation Post ref. Debit Credit 2018 30/6 3,600 3.600 2019 20/6 1250 1250 Item Serialno Purchased from Useful life Depreciation pa No. 230 Balance No. 231 Balance Property and plant cond Bottle washer Account no. 17538X General ledger account Brampton Lad 5 years Residual value $7,200 Depreciation method Asset Accumulated depreciation Post Date Explanation ref. Dr Cr 4/1/18 30/6/18 30/6/19 Serial no Purchased from Useful Depreciation pa Property and plant record Dryer Account no. PY43121 General ledger account Granada Led 6 years Residual value $5,000 Depreciation method Asset Post Date Explanation ret Cr 10/4/18 30/6/18 30/6/19 Bal Accumulated depreciation Bal Bal 230 231 Machinery $8,000 Straight-line 230 231 Machinery $9,000 Straight-line