Current Attempt in Progress On January 2 2022. Mecklenberg Company purchased equipment in exchange for 575.000 cash. The equipment has an estimated salvage value of $15,000, an estimated life of 3 years, and is depreciated by the straight-line method. Use the following tabula analysis to record: (Enter negative amounts using either a negative sign preceding the number es 45 or parentheses eg (450) (1) The acquisition of the asset at January 2, 2022 (2) Depreciation experwe at December 31, 2022. Assets Liabilities Notes Payable Cash Accumulated Depreciation Equipment Jan 2 Dec Save for Later Attempts: 0 of 1 used Submit Answer View Policies Current Attempt in Progress On January 2, 2022. Mecklenberg Company purchased equipment in exchange for $75,000 cash. The equipment has an estimated salvage value of $15,000, an estimated life of 3 years, and is depreciated by the straight-line method. Use the following tabular analysis to record: (Enter negative amounts using either a negative sign preceding the number eg.-45 or parentheses es: (45)) (1) The acquisition of the asset at January 2, 2022. (2) Depreciation expense at December 31, 2022. Stockholders' Equity Retained Earnings Common Stock Rev. Exp: Div. Save for Later Attempts: 0 of 1 used Submit