Question: please help asap 22 Required information Great Adventures Problem AP7-1 The following information applies to the questions displayed below.) Tony and Suzie see the need

please help asap please help asap 22 Required information Great Adventures Problem AP7-1 The following

22 Required information Great Adventures Problem AP7-1 The following information applies to the questions displayed below.) Tony and Suzie see the need for a rugged all-terrain vehicle to transport participants and supplies. They decide to purchase a used Suburban on July 1, 2022, for $14,000. They expect to use the Suburban for five years and then sell the vehicle for $5,500. The following expenditures related to the vehicle were also made on July 1, 2022: Part 4 of 5 6.52 ponts The company pays $2,300 to GEICO for a oneyear insurance policy. The company spends an extra $5,000 to repaint the vehicle, placing the Great Adventures logo on the front hood, An additional $2.500 is spent on a deluxe roof rack and a trailer hitch. cBook Print The painting, roof rack, and hitch are all expected to increase the future benefits of the vehicle for Great Adventures. In addition on October 22.2022, the company pays $1.400 for basic vehicle maintenance related to changing the oil replacing the windshield wipers, rotating the tires, and inserting a new air filter. References Great Adventures Problem AP7-1 Part 4 4. Record the depreciation expense and any other adjustments related to the vehicle on December 31, 2022. (if no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction ist Journal entry worksheet 2 Record the expiration of prepaid Insurance. Note: Enter debits before credits General Journal Debit Credit Date Dec 31, 2022 Record entry Clear entry View general joumal

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