Shamma Company's ledger at the end of the current year shows Accounts Receivable of $120,000. If Allowance for Doubtful Accounts has a credit balance of $6,000 in the trial balance and bad debts are expected to be 8% of accounts receivable, journalize the adjusting entry for the end of the period: TTT Ariel # 3 (12 T-E- E- ABC Company purchased a new machine on January 1, 2017, at a cost of $220,000. The machine is expected to have 10-year term life and a $20,000 salvage (Residual) value. The machine is expected to work 800,000 hours during its 10-year term life. Working during 2017 was 70,000 hours and during 2018 was 110,000 bours and during 2019 was 120,000 hours Instructions Calculate the amount of depreciation expense for the year 2017, 2018, and 2019 following the units of production depreciation method. TTT 3 (120 T E - E Ariel