Wiater Company operates a small manufacturing facilty On January 1, 2018, an asset ccount for the company showed the foll balances Equipeent Accumulated Depreciation (beginning of the year) 344,000 212,000 During the fr the first week of January 2018, the following expenditures were incurred for repairs and maintenance Routine maintenance and repairs on the equipment Major overhaul of the equipment that inproved efficiency 3,550 41,000 The equipment is being depreciated on a straight ine basis over an estimated ife of 15 years with a $26,000 estimated residual value. The annual accounting period ends on December 31 Journal entry worksheet Record the adjusting entry for depreciation expense at year-end 2017. Note: Enter debits before credits. Transaction General Journal Debit Credit Clear entry View general journal Record entry 1. Prepare the adjusting journal entry that would have been made at the end of 2017 for depreciation on the manufacturing e 2. Starting at the beginning of 2018, what is the remaining estimated life? 3. Prepare the journal entries to record the two expenditures for repairs and maintenance during 20 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Starting at the beginning of 2018, what is the remaining estimated life? 1 Lear5] Remaining Estimated Life Required 1 Required 3 > Next > Required 1 Required 2 Required 3 Prepare the journal entries to record the two expenditures for repairs and maintenance during 2018. (If no entry is required f transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet Record the expenditure for ordinary repairs incurred. Note: Enter debits before credits Transaction General journal Debit Credit Record entry Clear entry View general journal equired 1Required 2 Required 3 epare the journal entries to record the two expenditures for repairs and maintenance du nsaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet Record the expenditure for extraordinary repairs incurred. . Note: Enter debits before credits. General journal Debit Credit Transaction 2 Record entry Clear entry View general jou