Seved Help Save & Exit Submit Check my work Onslow Company purchased a used machine for $192,000 cash on January 2 On January 3, Onslow paid $6,000 to wire electricity to the machine. Onslow paid an additional $1.200 on January 4 to secure the machine for operation. The machine will be used for six years and have a $23.040 salvage value Straight line depreciation is used on December 31 at the end of its fifth year in operations, it is disposed of Required: 1. Prepare journal entries to record the machine's purchase and the costs to ready it for use. Cash is paid for all costs incurred Viwanach Journal entry worksheet 2 > Record the purchase of a sed machine for 5192.000 cash Not Cm Die Cred