Hulme Company opermes a small manulacturing facility as a supplement to its tegular seivice activies. At the begining of the current yeac, an asset account for the company showed the following balances: Duting the current yeat, the following expendtures wete incurred for the equipment: The equipment is being deprecibted on a straight ine basis over an estmated we of thyears with a 313,000 estimated fesidual yaluet. The artiusl accounting period ends an December 31 Required: indicate the effects of the following on the accoumting equation. Notet Enter decreases to account categorles as negative amounts and to not round your intermediate caiculations. 1. The Adjuttment for depreciation at the end of last year. 2. The two expenditures during the current year for (a) the major overhaul of the equipnient and (a) repain and maintenance Hulme Company opermes a small manulacturing facility as a supplement to its tegular seivice activies. At the begining of the current yeac, an asset account for the company showed the following balances: Duting the current yeat, the following expendtures wete incurred for the equipment: The equipment is being deprecibted on a straight ine basis over an estmated we of thyears with a 313,000 estimated fesidual yaluet. The artiusl accounting period ends an December 31 Required: indicate the effects of the following on the accoumting equation. Notet Enter decreases to account categorles as negative amounts and to not round your intermediate caiculations. 1. The Adjuttment for depreciation at the end of last year. 2. The two expenditures during the current year for (a) the major overhaul of the equipnient and (a) repain and maintenance