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0 50 Required information PA9-1 (Algo) Computing Acquisition Cost and Recording Depreciation under Three Alternative Methods [LO 9-2, LO 9-3) The following information applies to the questions displayed below) At the beginning of the year, Cruz & Tomer Corporation bought three used machines. The machines immediately were overhauled, were installed, and started operating Because the machines were different, each was recorded separately in the accounts Details for Machine A are provided below. Print Cost of the asset Installation costs Renovation costs prior to use Repairs after production began 39,900 890 870 690 Journal entry worksheet K A > Record the year 2 depreciation expense for Machine B. Note: Enter debits before credits Transaction General Journal Debit Credit 1 5. Prepare the Journal entry to record year 2 units-of-production depreciation expense for Machine B, assuming a capitalized cost of $45,780, an estimated life of 30,000 hours, $4,500 residual value and actual year 2 use of 8,000 hours (Do not round intermediate calculations. If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) 0 50 Required information PA9-1 (Algo) Computing Acquisition Cost and Recording Depreciation under Three Alternative Methods [LO 9-2, LO 9-3) The following information applies to the questions displayed below) At the beginning of the year, Cruz & Tomer Corporation bought three used machines. The machines immediately were overhauled, were installed, and started operating Because the machines were different, each was recorded separately in the accounts Details for Machine A are provided below. Print Cost of the asset Installation costs Renovation costs prior to use Repairs after production began 39,900 890 870 690 Journal entry worksheet K A > Record the year 2 depreciation expense for Machine B. Note: Enter debits before credits Transaction General Journal Debit Credit 1 5. Prepare the Journal entry to record year 2 units-of-production depreciation expense for Machine B, assuming a capitalized cost of $45,780, an estimated life of 30,000 hours, $4,500 residual value and actual year 2 use of 8,000 hours (Do not round intermediate calculations. If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.)

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