n April 1, 2016, the KB Toy Company purchased equipment to be used in its manufacturing process. The equipment cost $66,600, as an nine-year useful life, and has no residual value. The company uses the straight-line depreciation method for all manufacturing quipment n January 4, 2018, $14,800 was spent to repair the equipment and to add a feature that increased its operating efficiency. Of the total xpenditure, $3,700 represented ordinary repairs and annual maintenance and $11,100 represented the cost of the new feature. In ddition to increasing operating efficiency, the total useful life of the equipment was extended to 11 years equired: Prepare journal entries for the depreciation for 2016 and 2017 Prepare journal entries for the 2018 expenditure . Prepare journal entries for the depreciation for 2018 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Prepare journal entries for the depreciation for 2016 and 2017. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Journal entry worksheet 2 Record the depreciation expense for 2016 r 29.4) 429.44 ipped Note: Enter debits before credits Debit re General Journal Date Book December 31, 2016 View general journal Clear entry Record entry View transaction list Journal entry worksheet 12 Record the depreciation expense for 2017. 29:21 ed Note: Enter debits before credits DebitCredit General Journal Date ok December 31, 2017 Clear entry View general journal Record entry Journal entry worksheet Record the 2018 expenditure. Note: Enter debits before credits. Credit Debit General Journal Date January 04, 2018 View general journal Clear entry Record entry Record the depreciation expense for 2018. Note: Enter debits before credits Debit Credit General Journal Date December 31, 2018 View general journal Clear entry Record entry K Required 2