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Khan Manufacturing bought a machine at the beginning of the year at a cost of $19,000. The estimated useful life was five years and the residual value was $2,000 Required: 1. Complete a depreciation schedule for the double declining-balance method. 2. Prepare the journal entry to record Year 2 depreciation Complete this question by entering your answers in the tabs below. Required 1 Required 2 Complete a depreciation schedule for the double-declining-balance method. (Do not round Intermediate calculations. Round final answers to the nearest Whole dollars.) Year Income Statement Depreciation Erpen Balance Sheet Accumulated Depreciation Coat Book Value $ 19.000 Al acquisition 1 2 $ 7,600 $ $ 3 $ 19.000 19.000 19.000 19,000 19.000 4 $ 5 $ Required 2 > Required! Required 2 2.5 points Prepare the journal entry to record Year 2 depreciation (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) llock View transaction list Journal entry worksheet P