Capital Expenditure and Depreciation Maritalar Depreciation Willow Creek Company purchased and installed carpet in its new general offices on Mardi 30 for a total cost of 15,856. The carpet istimated to the value a. Prepare the journal entry necessary for recording the purchase of the new carpet March 30 b. Record the December 31 adjusting entry for the artilear depreciation expense for the compet muming that will use the intermediate calculations Doc Capital Expenditure and Depreciation Portal Year Depreciation Willow Creek Company purchased and installed carpet in its new general offices on March 30 for a total cost of $5.955. The carpet is estimated to have all your use of andera a. Prepare the Journal entry necessary for recording the purchase of the new carpet March 30 b. Record the December 31 adjusting entry for the partyear depreciation expense for the carpet, assuming that Willow Creek uses the straight line method. Do not found Intermediate calculations D31