Journal entry worksheet Note: Enter debits before credits. Journal entry worksheet Note: Enter debits before credits. Journal entry worksheet Record exchange of Machine 1550. Note: Enter debits before credits. Journal entry worksheet Note: Enter debits before credits. Zeplyr Minerais completed the following transactions involving machinery. Machine No. 1550 was purchased for cash on Apeil 1, 2023, at an installed cost of $57.000. Its useful life was estimated to be six years with a $3,000 trade-in value. Straight-line depreciation was recorded for the machine at the ends of 2023,2024, and 2025. On March 29, 2026, it was traded for Mochine No. 1795, with an installed cash price of $65.000. A trade-in allowance of $30,510 was recelved for Machine No, 1550, and the balance was paid in cash. The fair values of Machine No. 1550 and Machine No. 1795 could not be determined. Machine No. 1795's life was predicted to be four years with a trade-in value of \$8,500. Double-decllining-balance depreciation on this machine was recorded each December 31. On October 2, 2027, it was traded for Machine No. BT.311, which had an installed cash price of $485,000, the machine's falr value. A trade-In allowance of $10,000 was recelved for Machine No. 1795 , and the balance was paid in cash. It was estimated that Machine No. BT-311 would produce 200,000 units of product during its five-year useful life, after which it would have a $15,000 trade-in value. Units-of-production depteciation was recorded for the machine for 2027 , a period in which it peoduced 27,000 units of product. Botween January 1, 2028, and August. 21, 2030, the machine produced 102.000 more units. On August 21. 2030, it was sold for $81,500. Required: Prepare journal entries to rocord: (Round intermediate calculations to the nearest whole dollar.) a. The depreciation expense recorded to the nearest whole month on the first December 31 of each machine's life. (Round the final answers to the nearest whole dollar.) Journal entry worksheet 4 tyote: Enter debits before credits. Journal entry worksheet Note: Enter debits before credits. Journal entry worksheet Note: Enter debits before credits