Hulme Company operates a small manufacturing facility as a supplement to its regular service activities. At the beginning of 2020, an asset account for the company showed the following balances: Manufacturing equipment Accumulated depreciation through 2019 $ 151,800 60,800 During 2020, the following expenditures were incurred for the equipment: Major overhaul of the equipment on January 2, 2020, that improved efficiency Routine maintenance and repairs on the equipment $ 12,000 1,700 The equipment is being depreciated on a straight-line basis over an estimated life of 18 years with a $15,000 estimated residual value. The annual accounting period ends on December 31. Required: 1. Prepare the adjusting entry that was made at the end of 2019 for depreciation on the manufacturing equipment. (Do not rou intermediate calculations. If no entry is required for a transaction/event, select "No journal entry required" in the first acco field.) View transaction list View journal entry worksheet No Transaction General Journal Debit Credit 1 1 Depreciation expense Accumulated depreciation, equipment