Jake's Mechanics owns the following long-lived assets:

Asset Date Purchased Cost Estimated Useful Life

Building January 1, 2010 $74,750 25 years

Vehicles December 31, 2013 30,100 7 years

Equipment July 1, 2012 12,720 8 years

Prepare depreciation adjusting entries for Jake's Mechanics for the year ended December 31, 2017. (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 0 for the amounts.)