Problem 4 A company made the following expenditures related to its restaurant: 1. Replaced the heating and air conditioning equipment a cost of $15,000. 2. Remodeled the restaurant building. The total cost of the project was $150,000. 3. Performed annual building maintenance at a cost of $47,000. 4. Paid annual insurance premium on the property for the coming year, $7,700. 5. Purchased a new delivery truck, $22,500. 6. Landscaped the property and added outdoor lights, $9,000.

Required: Assume the company credits cash for each of these expenditures. Indicate the account to be debited for each of these expenditures.