Hentzel Landscaping commenced its business on January 1,20X1. 1. During its first year of operations, Hentzel purchased supplies in the amount of $12,000 (debited to Supplies inventory), and of this amount, $3,000 were unused as of December 31 . 201. 2. On March 1,20X1, Hentzel received $18,000 for landscaping services to be rendered for 18 months (beginning July 1,201 ). This amount was credited to a liability called Deferred landscaping revenue. 3. The company's gasoline bill for $2,500 for the month of December 201 was not received until January 15,202. No entry was made. 4. The company borrowed $50,000 from HomeTown Financing on April 1, 20X1, at a 5% interest rate per annum. It credited a liability for notes payable. The principal, along with all the interest, is due on April 1, 20X2. 5. On January 1,201, the company purchased 10 lawnmowers at $3,040 each. It debited fixed assets. The lawnmowers are expected to last for three years with no salvage value. - What is the amount of supplies expense on 20x1? - How much revenue should Hentzel recognize in 20X1? - How much depreciation expense should be recognized in 20x1 (assume straight line depreciation)