Wioter Company operates a small manufacturing facility. On January 1, 2021, an asset account for the company showed the following balances: Equiphent Accusulated Depreciation (beginning of the year) 5230,800 108,600 During the first week of January 2021 , the following cash expenditures were incurred for repairs and maintenance: Rout ine maintenance and repairs on the equipent Major overhaut of the equipaent that inproved efficiency 52,250 28,000 The equipment is being depreciated on a straight-line bisis over an estimated life of 20 years with a $14,000 estimated residual value. The annual accounting period ends on December 31 . Required: Indicate the effects (occounts, amounts, and + for increase and - for decrease) of the following two items on the accounting equation. using the headings shown below. (Enter any decreases to Assets, Liabilities or Stockholder's Equity with a minus sign.) 1. The adjustment for depreciotion made last year at the end of 2020 . 2. The two expenditures for repoirs and maintenance during January 2021