Keely Company purchased some office furniture for \(\$ 29,760\) cash on March 1, 1998. It also paid \(\$ 480\) cash for freight costs incurred. The furniture is being depreciated over four years under the straight-line method, assuming a salvage value of \(\$ 1,440\). The company employs a calendar-year accounting period. On July 1, 1999, it spent \(\$ 192\) to refinish the furniture. Prepare journal entries for the Keely Company to record all of the data, including the annual depreciation adjustments through 1999.