Current Attempt in Progress Prepare all necessary journal entries for 2024, 2025, and 2026 related to each of the following scenarios: (a) On January 1, 2024, Oriole Ltd. purchased a piece of machinery for $38,000. At the time, management determined that the machinery would have a residual value of $3,800 at the end of its 10-year life. Oriole has a December 31 year end and uses the straight-line depreciation method. (Record entries in the order displayed in the problem statement. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select