Required information E9-2 (Static) Computing and Recording a Basket Purchase and Straight-Line Depreciation [LO 9-2, LO 9. 3] [The following information applies to the questions displayed below.] Bridge City Consulting bought a bullding and the land on which it is located for $182.000 cash. The land is estimated to represent 70 percent of the purchase price. The company paid $22.000 for building renovations before it was ready for use. 9-2 (Static) Part 2 equired: .. Prepare the journal entry to record all expenditures. Assume that all transactions were for cash and they occurred at the start of the year. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) Required information PA9-1 (Static) 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. Grillo Industries 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 (Static) Part 1 Required: 1. Compute the amount to be capitalized for Machine A Required information PA9-1 (Static) 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, Grillo Industries 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 (Static) Part 2 2. Compute year 2 straight-line depreclation expense foi Machine A, assuming an estimated life of 4 years and $1,000 residual value. Required information PA9-1 (Static) 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, Grillo Industries 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 (Static) Part 6 6. Compute years 1 and 2 double-dedining balance depreciation expense for Machine C, which has a cost of $25.400, an estimated life of 10 years, and $1,400 residual value