Required information (The following information applies to the questions displayed below.] Hulme Company operates a small manufacturing facility as a supplement to its regular service activities. At the beginning of 2020, an asset account for the company showed the following balances: Manufacturing equipment Accumulated depreciation through 2019 $ 129,800 43,800 During 2020, the following expenditures were incurred for the equipment: Major overhaul of the equipment on January 2, 2020, that improved efficiency Routine maintenance and repairs on the equipment $ 9,000 1,800 The equipment is being depreciated on a straight-line basis over an estimated life of 16 years with a $13,000 estimated residual value. The annual accounting period ends on December 31. Journal entry worksheet Record the expenditure for the major overhaul of the equipment. Note: Enter debits before credits. Transaction General Journal Debit Credit 1 Record entry Clear entry View general Journal Journal entry worksheet Record the expenditure for routine maintenance and repairs on the equipment. Note: Enter debits before credits. Transaction General Journal Debit Credit 2 Record entry Clear entry View general journal