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please complete the whole sheet McClain Company incurred the following expenditures during 2019: Apr. 9. The air conditioning system in the old manufacturing faclity was

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McClain Company incurred the following expenditures during 2019: Apr. 9. The air conditioning system in the old manufacturing faclity was replaced for $87,500. The old air conditioning system had a cost of $70,500 and a book value of $2,700. The old alr conditioning system had no scrap value. June 29 Annual maintenance of $37,750 was performed. Sept. 12 The rool of the old manufacturing facility is replaced at a cost of $64,500. This expenditure substantially extended the life of the facility. Dec. 28 Anow wing was added to the manufacturing facility at a cost of $272,000. This expenditure substantially increased the productive capacity of the plant. Required: 1. Prepare joumal entries to record McClain's expenditures for 2019. 2. Next Level What is the effect on the financial statements if management had improperly accounted for the: a. addition of the new wing to the manufacturing facility b. annual maintenance expenditures General Joumal Shaded cells have feedback. GENERAL JOURNAL Score: 98/137

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