Hi, there are two parts to this question. I'm not sure what I did wrong. Thank you!

11. Hulme Company operates a small manufacturing facility as a supplement to its regular service activities. At the beginning of 2017, an asset account for the company showed the following balances: Manufacturing equipment $ 120,000 Accumulated depreciation through 2016 57,600 During 2017, the following expenditures were incurred for the equipment: Routine maintenance and repairs on the equipment $ 1,000 Major overhaul of the equipment that improved efciency on January 2. 2017 13.000 The equipment ls belng depreciated on a straight-line basis over an estimated life of 15 years with a $12,000 estimated residual value. The annual accounting period ends on December 31. Refere n ces Section Break E&7 Recording Depreciation and Repairs (Straight-Line Depreciation) LOB-2. 8-3 Award: 5 out of 10.00 points E87 Part 1 Required: 1. Prepare the adjusting entry that was made at the end of 2016 for depreciation on the manufacturing equipment. (Do not round your intermediate calculations.) 1 Depreciation expense Aooumulated depreciation, equipment J v/ _u .. . , 7 7 7 _, , ezto.mheducation.com 0_ ~..... > . > . 7' [ ,, l General Journal Diiculty: 2 Medium Learning Objective: 08-03 Apply various cost allocation methods as assets are held and used over time. E8-7 Part1 Learning Objective: 08-02 Apply the cost principle to measure the acquisition and maintenance of property, plant, and equipment. 12 , Award: 0 out of 10.00 points E8-7 Part 2 2. Starting at the beginning of 2017, what is the remaining estimated life? years eBook 8. Resources eBook: App_|y the cost principle to measure the agguisition and maintenance of propg'thplant, and ujpment. eBook: App_ly various cost allocation methods as assets are held and used over time. References Worksheet Difculty: 2 Medium Learning Objective: 08-03 Apply various cost allocation methods as assets are held and \"car. nunr limn