Just need number 6, thanks.

Problem 8-4A Computing and revising depreciation; revenue and capital expenditures LO C1, C2, C3 Champion Contractors completed the following transactions inyolving equipment Year 1 1 Paid $294,000 cash plus $11,760 in sales tax and $1,700 in transportation (FOB shipping point) for a new loader. The loader is estimated to have a four-year life and a $29,400 salvage value. Loader costs are recorded in the Equipment account. 3 Paid $4,000 to install air conditioning in the loader to enable operations under harsher conditions. This increased the estimated salvage value of the loader by another $1,200. Jan. Jan. Dec. 31 Recorded annual straight-line depreciation on the loader Year 2 Jan. 1 Paid $4,900 to overhaul the loader's engine, which increased the loader's estimated useful life by two years. Feb. 17 Paid $1,225 for minor repairs to the loader after the operator backed it into a tree. Dec. 31 Recorded annual straight-line depreciation on the loader. Required: Prepare journal entries to record these transactions and events. Answer is not complete. No Date General Journal Debit Credit 1 Jan 1, Year 1 Equipment 307,460 Cash 307,460 Return to question Answer is not complete. Credit Debit No Date General Journal 307,460 Equipment Jan 1, Year 1 307,460 Cash Equipment 4,000 2 Jan 3, Year 1 4,000 Cash Dec 31, Year 1 70,215 Depreciation expense-Equipment 70,215 Accumulated depreciation-Equipment 4,900 Equipment Jan 1, Year 2 4 4,900 Cash 1,225 Feb 17, Year 2 Repairs expense-Equipment 5 1,225 Cash Depreciation expense-Equipment Dec 31, Year 2 6 Accumulated depreciation-Equipment 5 of 8 Next>