Paul's Mechanics owns the following long-lived assets: Asset Building Vehicles Date Purchased January 1, 2017 December 31, 2020 Equipment July 1, 2019 Cost $78,750 35,600 12,320 Estimated Useful Life Date Account Titles and Explanation Dec. 31 25 years 10 years 8 years Prepare depreciation adjusting entries using straight-line depreciation for Paul's Mechanics for the year ended December 31, 2024. (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 O for the amounts. List all debit entries before credit entries.) Debit Credit Hypatia X Qwileyplus X https://education.wiley.com/was/ui/v2/assessment-player/index.html?launchid=6011a2d0-6281-49e0-a136-ff30e87c149b#/questi... A 18C Cloudy Q blackboar X ACC106 Lab #4 Ch# 3 View Asse X Question 3 of 4 Dec. 31 Dec. 31 MindTap X (To record depreciation expense for building.) (To record depreciation expense for vehicles.) (To record depreciation expense for equipment.) eTextbook and Media List of Accounts - T Q Search WP ACC106 L X wp Question X 10 B. Course H X -/2 44598203 X {" + 1+1 683 00 08:28 05/10/2023 X