vy At the beginning of the year, Plummer's Sports Center bought three used fitness machines from Primo Fitness, an established supplier of used, new and refurbished gym equipment in Southern California. The machines immediately were overhauled and started operating. The machines were different; therefore, each had to be recorded separately in the accounts. Machine A B C Invoice price paid for asset Shipping costs (paid by Plummer) Renovation costs prior to use By the end of the first year, each machine had been operating 4,800 hours. 2. Prepare the entry to record depreciation expense at the end of Year 1, assuming the following. Note: Do not round intermediate calculations. If no entry is required for a transaction/event, select "No journal entry required" in the first account field. View transaction list

At the beginning of the year, Plummer's Sports Center bought three used fitness machines from Primo Fitness, an established supplier of used, new and refurbished gym equipment in Southern California. The machines immediately were overhauled and started operating. The machines were different; therefore, each had to be recorded separately in the accounts. By the end of the first year, each machine had been operating 4,800 hours. Prepare the entry to record depreciation expense at the end of Year 1, assuming the following. te: Do not round intermediate calculations. If no entry is required for a transaction/event, select "No journal entry required" i first account field. Journal entry worksheet Record the depreciation expense for year 1