Jamie Company operates a small manufacturing factory 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 $ 124,500 Accumulated depreciation through 2019 65,700 During 2020, the following expenditures were incurred for the equipment: Major overhaul of the equipment on January 2, 2020, that improved efficiency $ 13,000 Routine maintenance and repairs on the equipment 800 The equipment is being depreciated on a straight-line basis over an estimated life of 15 years with a $15,000 estimated residual value. The annual accounting period ends on December 31. Required: 3. Prepare the journal entries to record the two expenditures during 2020. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

-Record the expenditure for the major overhaul of the equipment.

• -Record the expenditure for routine maintenance and repairs on the equipment.
• (specify as debit or credit)