Istanbul Sabahattin Zaim University uses the straight-line method of depreciation and its fiscal year end is December 31. The following transactions and events occurred between 2019-2021. Prepare the necessary entries. (Show computations.) 2019 July 1 Purchased 95 computers from HP Inc. for $850 cash each plus sales tax of $60, and shipping costs of $50. 2019 Nov. 4 Incurred ordinary repairs on computers of $1780 in total. 2019 Dec 31 Recorded 2019 depreciation on the basis of a 7 year life and estimated salvage value of $200 for each computer. 2020 Dec. 31 Recorded 2020 depreciation. 2021 Mar. 1 Paid a total of $9,900 for an upgrade of the computers. This expenditure is expected to increase the operating efficiency and capacity of the computers

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