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Required information PA9-1 (Algo) Computing Acquisition Cost and Recording Depreciation under Three Alternative Methods [LO 9-2, LO 9-3] [The following information applies to the questions displayed below.] At the beginning of the year, Algernon Companles bought three used machines. The machines immediately were overhauled, were installed, and started operating. Because the machines were different, each was recorded separately in the accounts, Details for Machine A are provided below. PA9-1 (Algo) Part 1 Required: 1. Compute the amount to be capitalized for Machine A. At the beginning of the year, Algernon Companies bought three used machines. The machines immediately were overhauled, were installed, and started operating. Because the machines were different, each was recorded separately in the accounts. Detalls for Machine A are provided below. A9-1 (Algo) Part 3 3. Prepare the journal entry to record year 2 straight-line depreciation expense for Machine A, assuming an estimated life of 4 years ind $1,000 residual value. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account ield.) Journal entry worksheet Record the year 2 depreciation expense for Machine A. Note: tater debits vefore creaits At the beginning of the year. Algernon Companies bought three used machines. The machines immediately were overhauled, were installed, and started operating. Because the machines were different, each was recorded separately in the accounts. Details for Machine A are provided below. A9-1 (Algo) Part 5 Prepare the journal entry to record year 2 units-of-production depreciation expense for Machine B, assuming a capitalized cost of 42,840 , an estimated life of 30.000 hours, $4.500 residual value, and actual year 2 use of 8.000 hours. (Do not round intermediate alculations. If no entry is required for a transaction/event, select "No Journal Entry Required" in the first occount field.) Journal entry worksheet Record the year 2 depreciation expense for Machine B. Note: Enter debits before credith