The following data relate to the Machinery account of Eshkol, Inc. at December 31, 2014. Plant Assets A B C D Original cost $46,000; $51,000; $80,000; $80,000 Year purchased 2009; 2010; 2011; 2013 Useful life 10 years; 15,000 hours; 15 years; 10 years Salvage value $ 3,100; $ 3,000; $ 5,000; $5,000 Depreciation method Sum-of-the-years’-digits; Activity; Straight-line; Double-declining-balance Accum. Depr. through 2014* $31,200; $35,200; $15,000; $16,000 * In the year an asset is purchased, Eshkol, Inc. does not record any depreciation expense on the asset. In the year ana sset is retired or traded in, Eshkol, Inc. takes a full year’s depreciation on the asset. The following transactions occurred during 20115 (a) On May 5, Asset A was sold for $13,000 cash. The company’s bookkeeper recorded this retirement in the following manner in the cash receipts journal. Cash 13,000 DR Machinery A 13,000 CR (b) On December 31, it was determined that Machinery B had been used 2,100 hours during 2015. (c) On December 31, before computing depreciation expense on Asset C, the management of Eshkol, Inc. decided the useful life remaining from January 1, 2015, was 10 years. (d) On December 31, it was discovered that a machine purchased in 2014 had been expensed completely in that year. This asset cost $28,000 and has a useful life of 10 years and no salvage value. Management has decided to use the double-declining-balance method for this machine, which can be referred to as “Machine E.” Prepare the necessary correcting entries for the year 2015. Record the appropriate depreciation expense on the above-mentioned assets.