Assume a company's equipment carries a book value of $28,800 ($29,700 cost less $900 accumulated depreciation) and a fair value of $26,550, and that the $2,250 decline in fair value in comparison to the book value meets the impairment test. Prepare the entry to record this $2,250 impairment. View transaction list Journal entry worksheet Record the impairment loss of $2,250 for the equipment. Note: Enter debits before credits Transaction Debit Credit General Journal Loss on disposal of equipment Record entry Clear entry View general journal a. Paid $72,000 cash to replace a compressor on a refrigeration system that extends its useful life by four years. b. Paid $360 cash per truck for the cost of their annual tune-ups. C. Paid $288 for the monthly cost of replacement filters on an air-conditioning system. d. Completed an addition to an office building for $405,000 cash. 1. Classify the above transactions as either a revenue expenditure or a capital expenditure. 2. Prepare the journal entries to record transactions a and d. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Classify the above transactions as either a revenue expenditure or a capital expenditure. Transaction Required 2 > a. Paid $72,000 cash to replace a compressor on a refrigeration system that extends its useful life by four years. b. Paid $360 cash per truck for the cost of their annual tune-ups. c. Paid $288 for the monthly cost of replacement filters on an air-conditioning system. d. Completed an addition to an office building for $405,000 cash. 1. Classify the above transactions as either a revenue expenditure or a capital expendituje. 2. Prepare the journal entries to record transactions a and d. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare the journal entries to record transactions a and d. View transaction list Journal entry worksheet Paid $72,000 cash to replace a compressor on a refrigeration system that extends its useful life by four years. Note: Enter debits before credits Transaction General Journal Debit Credit Record entry Clear entry View general journal