6 Required information P8-3 (Algo) Computing the Acquisition Cost and Recording Depreciation under Three Alternative Methods LOB-2, 8-3 The following information applies to the questions displayed below) 1 of 2 At the beginning of the year, Plummer's Sports Center bought three used fitness machines from Brunswick Corporation The machines immediately were overhauled, Installed, and started operating. The machines were different therefore, each had to be recorded separately in the accounts 03:45:20 Invoice price paid for asset Totallation costs Renovation costs prior to use Machine Machine Machine $ 31,800 $ 30,400 $ 10,450 900 1.400 900 3,600 1.200 2,900 By the end of the first year, each machine had been operating 5,900 hours. P8-3 Part 1 Required: 1. Compute the cost of each machine. Machine A Machine B Machine C Total Cost $ 36 300 5 33,000 $ 14,250 7 Required information P3-3 (Algo) Computing the Acquisition Cost and Recording Depreciation under Three Alternative Methods LOG-2, 8-3 The following informing to the questions displayed below! At the beginning of the year, Plummer's Sports Center bought there used tress machines from runswick Corporation The machines immediately were overhauled, installed, and started operating The machines were different therefore, wach had to be recorded separately in the account Macha Tavole price paid for at 131, 1039,400 110,450 TALLA 910 100 Bant prie to 3.10 1.300 1,100 1.100 By the end of the first year each machine had been operating 5.900 hours PB-3 Part 2 2. Prepare the entry to record depreciation expense at the end of your assuming the following of no entry is required for transaction/event, select "No journal entry required in the first account field) Net LLE 3 years 53. Bour 5 years 11,119 2.500 7.100 Depreciation method straight- Otso-production Dohodningar View View any warshal Na C Traction + + General Journal Depreciation Deprecaonexpense Depreciation Dente Accumulated depreciation Nu er und Debt 4400 2,050 5,700 13.00