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+ G Application Selers Construction Company purchased a compressor for $117.900 cash It had an estimated useful life of four years and a $8.800 salvage

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+ G Application Selers Construction Company purchased a compressor for $117.900 cash It had an estimated useful life of four years and a $8.800 salvage value. At the beginning of the third year of use, the company spent an admonal $9,160 related to the equipment. The company's financial condition just prior to this expenditure is shown in the first line of the table Required Record the $9360 ependiture in the statements model under each of the following independent assumptions. (In the Cash Flow column, use the initials OA for operating activities, FA for financing activities, or IA for Investing activity. If there is no effect on the Cash Flow, leave the cell blank. Enter any decreases to account balances with a minus sign. Not all cells will require entry) a. The expenditure was for routine maintenance b. The expenditure extended the compressor's life. c. The expenditure Improved the compressor's operating capacity LRS CONSTRUCTION COMPANY Holment Model moshet Asus Book Values Cash Floes Cast Expenses Stock Earnings Cursor 63.350 13.00 24.000 51.1040 a 1

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