Question 46 of 49 -17 View Policies Current Attempt in Progress Nash's Trading Post, LLC uses the straight-line method of depreciation. The company's fiscal year end is December 31. The following transactions occurred during 2022. Jan. 1 Purchased equipment from the Pharoah Company for $10,000 plus sales tax of $900 and shipping costs of $180. May 13 Incurred $112 routine maintenance on the equipment Dec. 31 Recorded 2022 depreciation on the basis of a 3-year life and estimated salvage value of $3,880. Prepare the necessary entries. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit