Required information The following information applies to the questions displayed below] Manrow Growers, Inc., owns equipment for sowing and harvesting its organic fruit, vegetables, and tree nuts that are sold to local restaurants and grocery stores. At the beginning of 2019 , an asset account for the company showed the following balances: During 2019, the following expenditures were incurred for the equipment: The equipment is being depreciated on a straight-line basis over an estimated life of eight years with a $20,000 estimated residual value. The annual accounting period ends on December 31 . 3. Prepare the journal entries to record the two expenditures during 2019. (if no entry is required for a transaction/event, select "No ournal entry required" in the first account field.) residual value. The annual accounting period ends on December 31. 3. Prepare the joumal entries to record the two expenditures during 2019. (If no entry is required for a transaction/event, select journal entry required" in the first account field.) Journal entry worksheet Record the expenditure for the major overhaul of the equipment. Note Enter debits before credits. residual value. The annual accounting period ends on December 31 . 3. Prepare the journal entries to record the two expenditures during 2019. (If no entry is required for a transaction/event, select " N journal entry required in the first account field.) Journal entry worksheet Record the expenditure for routine maintenance and repairs on the equipment. Note- Enter debits before credits