The plant building of Xon Corporation is old (estimated remaining useful life is 12 years) and needs continuous maintenance and repairs. The company's accounts show that the building originally cost $540,000; and accumulate depreciation was $360,000 at the beginning of the current year. During the current year, the following expenditures relating to the plant building are made. $30,600 64800 90.000 1. Continuing frequent, and low-cost repairs 2. Added a new storage shed attached to the building estimated useful life of eight years 3. Removed roof and replaced it with guaranteed, modern rooft 4. Unusual and infrequent repairs due to damage from flood: repairs did not increase the use. value, or the economic life of the asset 5. Complete overhaul of the plumbing system (old costs unknown) 10.800 22.500 * Original cost of the roof was $72,000 Prepare the journal entry to record each item 1 through 5, assuming all items are paid in cash. Note: Round your answers to the nearest whole number. Debit 72.000 0 Credit ox 7.200 X Account Name Loss on Asset Exchange Cash (1) To record repair Building Cash 21 To record shed >> ooo 0 x OX 0 x Ba) To remove old roof OX > Oo OX OX (4) To record repair > > 0 0 OX 0 X BaTo remove old roof