+ Ch 9: Homework Question 15 of 17 -/3 View Policies Current Attempt in Progress Wildhorse Co. uses the straight-line method of depreciation. The comparwy's fiscal year end is December 31. The following transaction occurred during 2022 Jan. 1 Purchased equipment from the Sheffield Corp. for $ 30,000 plus sales tax of 5 2.700 and shipping costs of $540, May 13 incurred $ 336 routine maintenance on the equipment. Recorded 2022 depreciation on the basis of a 3-year life and estimated salvage value of $ 11,640, Dec 31 Prepare the necessary entries. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) Debit Credit Date Account Titles and Explanation Ch 9 Homework Question 15 of 17 - 13 !!! Date Account Titles and Explanation Debit Credit Assistance Used e Textbook and Media