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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

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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 $360,000, and accumulated depreciation was $240.000 at the beginning of the current year. During the current year, the forlowing expenditures relating to the plant building are made. 1. Continuing frequent, and low cost repairs 2. Added a new storage shed attached to the building estimated useful life of eight years 3. Hemoved root and replaced it with guaranteed modern roof 4. Unusual and intrequent repairs due to damage from foot repairs did not increase the use value, or the economic We of the asset 5. Complete overhaul of the plumbing system told costs unknown) $20,400 43.200 0.CO 7,200 15.000 Original cost of the roof was $45.000 - 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 1 1. Continuing frequent, and low-cost repairs $20,400 2. Added a new storage shed attached to the building estimated useful life of eight years 43,200 3. Removed roof and replaced it with guaranteed, modern roof 60,000 4. Unusual and infrequent repairs due to damage from flood; repairs did not increase the use, value, or the economic life of the asset 7,200 5. Complete overhaul of the plumbing system (old costs unknown) 15,000 Original cost of the roof was $48,000 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. Account Name Credit Debit 0 0 0 : 0 (1) To record repair 0 0 0 0 (2) To record shed 0 0 OOO 27 0 0 (3.a) To remove old roof 0 0 0 0 (3b) to record new roof. 0 O : 0 0 (4) To record repair 0 OO 0 0 (5) To record overhaul of plumbing system

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