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Current Attempt in Progress Metlock, Inc. uses the straight-line method of depreciation. The company's fiscal year end is December 31. The following transactions occurred during

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Current Attempt in Progress Metlock, Inc. uses the straight-line method of depreciation. The company's fiscal year end is December 31. The following transactions occurred during 2022. Jan 1 May 13 Purchased equipment from the Cheyenne Corp, for $20.000 plus sales tax of 31.800 and shipping costs of 5360 Incurred 5224 routine maintenance on the equipment Retorced 2022 depreciation on the basis of a 3-year de and estimated salvage value of 57.760 Dec 31 Prepare the necessary entries. Credit account titles are automatically indented when the amount is entered. Do not intent manually Record journal entries in the order presented in the problem Debit Credit Date Account Titles and Explanation PM 72 o Date Account Titles and Explanation Debit Credit

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