Wiater Company operates a small manufacturing facility. On January 1, 2020, an asset account for the company showed the following balances:

Manufacturing equipment	$	190,400
Accumulated depreciation through 2019		132,000

During the first week of January 2020, the following expenditures were incurred for repairs and maintenance:

Routine maintenance and repairs on the equipment	$	2,050
Major overhaul of the equipment that improved efficiency		23,000

The equipment is being depreciated on a straight-line basis over an estimated life of fifteen years with a $10,400 estimated residual value. The annual accounting period ends on December 31. Required: Indicate the effects (accounts, amounts) of the following two items on the accounting equation, using the schedule given below. (Enter any decreases to accounts with a minus sign.)

The adjustment for depreciation made at the end of 2019.

The two expenditures for repairs and maintenance during January 2020.