Depreciation Information Russo Lake Resort reported the following on its balance sheet December 31, 2018 Click the icon to view the partial balance sheet) Click the icon to view adonal information) Requirements 1. Journal Russe Lake Resort's plantas purchase and depreciation transactions for 2019 2. Raport plants on the December 31, 2019, balance sheet On July 1 2019 the resort expanded operations and purchased additional uipment for cash at a cost of $106.000 The company depreciates buildings wing the straight-line med over 20 years with residual values of $80.000 Due to expected obsolescence the n has a useful for 10 years and is being directed by the double declining balance method residual value of of 2015 Recand definit Requirement tou e la Resorts plante purchase and depreciation Begaby puring the one purchase Journal Entry Put Done 0 Partia Balance Sheet Notre $ Less Accumulated depreciation Equipment Loss Accumulated depreciation. 147 000 703000 343 000) 410 000 258.000 Russo Lake Resort reported the following on its balance sheet at December 31, 2018 Click the icon to view the partial balance sheet.) A (Click the icon to view additional information.) Requirements 1. Journalize Russo Lake Resort's plant asset purchase and depreciation transactions for 2019. 2. Report plant assets on the December 31, 2019, balance sheet. . Journal Entry Date Accounts Debit Credit Or Ure Gyopreme Requirement 2. Report plant assets on the December 31, 2019, balance sheet Balance Sheet Property, plant, and equipment tent Less Less Total property, plant, and equipment