Exercise 10-18 Revised depreciation-subsequent capital expenditure LO2,4 At its December 31, 2013, year-end, Folkstone Apparel had a warehouse with an adjusted book value of $292,500 and an estimated remaining useful life of 15 years and residual value at $90,000.Because of pick-up and delivery issues at the warehouse, a connector was hired to construct a new door into the east wall during the week of January 5,2014, for $25,500 on account. The estimated useful life of the door is 15 years with an estimated residual value of $7,500. Folkstone uses the straight-line method to depreciate assets. Required I. Record the installation of the new door. 2. Record total depreciation on the warehouse at December 31,2014