Question: CALCULATOR MESSAGE MY INSTRUCTOR FULL SCREEN PRINTER VERSION CK NEXT Problem 9-03A a-c (Video) (Part Level Submission) On January 1, 2020, Evers Company purchased the

 CALCULATOR MESSAGE MY INSTRUCTOR FULL SCREEN PRINTER VERSION CK NEXT Problem

CALCULATOR MESSAGE MY INSTRUCTOR FULL SCREEN PRINTER VERSION CK NEXT Problem 9-03A a-c (Video) (Part Level Submission) On January 1, 2020, Evers Company purchased the following two machines for use in its production process Machine A: The cash price of this machine was $48,000. Related expenditures included sales tax $1,700, shipping costs $150, insurance during shipping $80, installation and testing costs $70, and $100 of oil and lubricants to be used with the machinery during its first year of operations. Evers estimates that the use life of the machine is 5 years with a $5,000 salvage value remaining at the end of that time period. Assume that the straight-line method of depreciation is used The recorded cost of this machine was $180,000. Evers estimates that the useful life of the machine is 4 years with a $10,000 salvage value remaining at the end of that time period. Machine B: (a) Prepare the following for Machine A. (Round answers to decimal places, e.. 2,125. Cred account title are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry for the accounties and enter for the amounts.) 1. The journal entry to record its purchase on January 1, 2020 2. The yournal entry to record annual depreciation at December 31, 2020 No. Account Titles and Explanation Debit Click you would like to show Work for this questioni Don Show Work

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