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The following data relate to the Machinery account of Blossom, Inc. at December $31,2025.$

$*$In the year an asset is purchased, Blossom, Inc. does not record any depreciation expense on the asset. In the year an asset is retired

or traded in$,$ Blossom, Inc. takes a full year's depreciation on the asset.

The following transactions occurred during $2026.$

a$.$ On May $5,$ Machine A was sold for $$15,990$ cash. The company's bookkeeper recorded this retirement in the following manner in

the cash receipts journal.

Cash

$15,990$

Machinery $($Machine A$)$

$15,990$

b$.$ On December $31,$ it was determined that Machine B had been used $2,250$ hours during $2026.$

c$.$ On December $31,$ before computing depreciation expense on Machine C$,$ the management of Blossom, Inc. decided the useful

life remaining from January $1,2026,$ was $10$ years.

d$.$ On December $31,$ it was discovered that a machine purchased in $2025$ had been expensed completely in that year. This machine

cost $$34,440$ and has a useful life of $10$ years and no salvage value. Management has decided to use the double$-$declining$-$

balance method for this machine, which can be referred to as "Machine E$."$

Prepare the necessary correcting entries for the year $2026.$ Record the appropriate depreciation expense on the above$-$mentioned

machines. No entry is necessary for Machine D$.($If no entry is required, select $"$No entry" for the account titles and enter $0$ for the amounts.

Round intermediate calculations to $3$ decimal places, e$.$g$.4\mathrm{.}589$ and final answers to $0$ decimal places, e$.$g$.45,892.$ Credit account titles are

automatically indented when amount is entered. Do not indent manually. List all debit entries before credit entries.$)$

No$.$ Account Titles and Explanation a$.$ Depreciation Expense Accumulated Depreciation $-$ Machinery

$($To record current depreciation$)$

Accumulated Depreciation $-$ Machinery

Machinery

Gain on Disposal of Machinery

$($To properly record the sale$)$

b$.$

Depreciation Expense

Accumulated Depreciation $-$ Machinery

c$.$

Depreciation Expense

Accumulated Depreciation $-$ Machinery

d$.$

Machinery

Retained Earnings

$($To correct the incorrect expensing of the asset in $2025)$

Depreciation Expense

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