Required information The following information applies to the questions displayed below! Tony and Surie see the need for a rugged all terrain vehicle to transport participants and supplies. They decide to purchase a used Suburban on July 1 2022, for $15,000. They expect to use the Suburban for five years and then sell the vehicle for $6.000. The following expenditures related to the vehicle were also made on July 1 2022: The company pays $2.550 to GEICO for a one year insurance policy The company spends an extra $6,000 to repaint the vehicle, placing the Great Adventures logo on the front hood, back and both sides . An additional $2750 is spent on a deluxe roof rack and a trailer hitch The painting, roof rack, and hitch are all expected to increase the future benefits of the vehicle for Great Adventures. In addition on October 22.2022the company pays $1.900 for basic vehicle maintenance related to changing the oil replacing the windshield win rotating the tires, and inserting a new air filter 4. Record the depreciation expense and any other adjustments related to the vehicle on December 31, 2022. (If no entry is required for a transaction event, select "No Journal Entry Required in the first account field) back, and both sides. An additional $2,750 is spent on a deluxe roof rack and a trailer hitch. The painting, roof rack, and hitch are all expected to increase the future benefits of the vehicle for Great Adventures. In addition, on October 22, 2022, the company pays $1,900 for basic vehicle maintenance related to changing the oil. replacing the windshield wipers, rotating the tires, and inserting a new air filter 4. Record the depreciation expense and any other adjustments related to the vehicle on December 31, 2022. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet Record the expiration of prepaid insurance