Huime Company operates a small manufacturing facility as a supplement to its regular service actlvities. At the beginning of the current year, an asset account for the company showed the following balances: During the current year, the following expenditures were incurred for the equipment: The equipment is being depreciated on a straight-line basis over an estimated life of 16 years with o $11,000 estimated residual value. The annual accounting period ends on December 31. Required: 3. Prepare the journal entries to record the two expenditures during current year, Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Journal entry worksheet Record the expenditure for routine maintenance and repairs on the equipment. Note: Enter debits before credits