QUESTION 11 o poi On January 1, Miami Fishing Expeditions purchased a marina for $1,000,000 which consisted of the land, a building and one dock on February 1 Fishing Expeditions paid $75,000 to add a second dock to the marina The second dock is expected to double the number of sailing expeditions per year and double revenue over the next twenty years. The second dock is estimated to have a useful life of 20 years and a residual value of zero. What is the journal entry on February 1 to record the betterment to the marina? Marina 75.000 75,000 75,000 Marina Accumulated Depreciation - Marina 75.000 75.000 Repairs Expense - Marina Accumulated Depreciation - Marina 75.000 Accuwted Depreciation - Marina 75 000 75 000