FULL SCREEN PRINTER VERSION 4 BACK Jake's Mechanics owns the following long-lived assets: Asset Date Purchased Cost Estimated Useful Life Building January 1, 2014 $54,400 20 years Vehicles December 31, 2017 35,500 10 years Equipment July 1, 2016 11,680 3 years Prepare depreciation adjusting entries for Jake's Mechanics for the year ended December 31, 2021. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts.) Date Account Titles and Explanation Debit Credit Dec 31 (To record depreciation expense for building) Dec. 31 To record depreciation expense for vehicles.) To record depreciation expense for equipment.) FULL SCREEN PRINTER VERSION (To record depreciation expense for vehicles.) Dec. 31 (To record depreciation expense for equipment.) LINK TO TEXT For each asset, calculate its accumulated depreciation and carrying amount at December 31, 2021 Building Vehicles Cost Equipment Less: Accumulated Depreciation Carrying amount LINK TO TEXT