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[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

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[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 $ 139,000 48.800 During 2020, the following expenditures were incurred for the equipment: Ma for overhaul of the equipment on January 2, 2020, that improved efficiency Routine maintenance and repairs on the equipment $ 11,000 1,300 The equipment is being depreciated on a straight-line basis over an estimated life of 20 years with a $17,000 estimated residual value. The annual accounting period ends on December 31. Required: 1. Prepare the adjusting entry that was made at the end of 2019 for depreciation on the manufacturing equipment. (Do not round your intermediate calculations. If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list View Journal entry worksheet No Transaction General Journal Credit Debit 6,400 1 Depreciation expense Accumulated depreciation, equipment

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