Please clearly indicate what each answer is so that I can check my work. Thank you.

value: 8.00 points Wiater Company operates a small manufacturing facility. On January 1, 2015, an asset account for the company showed the following balances: $160,000 Equipment Accumulated Depreciation (beginning of the year) 100,000 During the first week of January 2015, the following expenditures were incurred for repairs and maintenance 1,850 Routine maintenance and repairs on the equipment Major overhaul of the equipment that improved efficiency 24,000 The equipment is being depreciated on a straight-line basis over an estimated life of 15 years with a $10,000 estimated residual value. The annual accounting period ends on December 31