Wiater Company operates a small manufacturing facility. On January 1,2020 , an asset account for the company showed the following balances: During the first week of January 2020 , the following expenditures were incurred for repairs and maintenance: 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.) 1. The adjustment for depreciation made at the end of 2019. 2. The two expenditures for repairs and maintenance during January 2020