Wee 3 Orlon Flour Mills purchased a new machine and made the following expenditures: 12.5 points Purchase price Sales tax Shipment of machine Insurance on the machine for the first year Installation of machine $72,000 5,850 970 670 1.940 8 00.40.01 eBook The machine, including sales tax, was purchased on account, with payment due in 30 days. The other expenditures listed above were paid in cash Required: Record the above expenditures for the new machine. (If no entry is required for a particular transaction/event, select "No Journal Entry Required in the first account field.) Hint View transaction list References Journal entry worksheet 1 Record the expenditures for the new machine. Noter Enter debits before credits Debit Credit Transaction General Journal 1 MG Graw Hill