This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion Cost of the asset Installation costs Renovation costs prior to use Repairs after production began 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.] Saved At the beginning of the year, Buffalo Machinery 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. H 0,90 < Prev. 990 1,170 890 Help Save & Ex PA9-1 (Algo) Part 7 7. Prepare the journal entry to record year 2 double-declining balance depreciation expense for Machine C, which has a cost of $27,300, an estimated life of 10 years, and $1,400 residual value. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) 7 of 11 Next > Return to a