Jake's Mechanics owns the following long-lived assets Asset Building Vehicles Equipment Date Purchased January 1, 2011 December 31, 2017 July 1, 2016 Cost $69.750 30,100 11,680 Estimated Useful Life 25 years 7 years 8 years Prepare depreciation adjusting entries for Jake's Mechanics for the year ended December 31, 2021. (Credit account titles are automatically indented when amount is entered. Do not Indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts.) Date Account Titles and Explanation Credit Dec 31 Debit (To record depreciation expense for building.) Dec. 31 Dec 31 (To record depreciation expense for equipment.) eTextbook and Media List of Accounts For each asset, calculate its accumulated depreciation and carrying amount at December 31, 2021. Building Vehicles Equipment Cost $ $ Less: Accumulated Depreciation Carrying amount $