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Yoshi Company completed the following transactions and events involving its delivery trucks. Year 1 January 1 Paid $23,515 cash plus $1,935 in sales tax for a new delivery truck estimated to have a five-year life and a $2,450 salvage value. Delivery truck costs are recorded in the Trucks account. December 31 Recorded annual straight-1ine depreciation on the truck. Year 2 December 31 The truck's estimated useful life was changed from five to four years, and the estimated salvage value was increased to $2,850. Recorded annual straight-1ine depreciation on the truck. Year 3 December 31 Recorded annual straight-1ine depreciation on the truck. December 31 Sold the truck for $5,600 cash. Required: 1-a. Calculate depreciation for Year 2. 1-b. Calculate book value and gain (loss) for sale of Truck on December 31, Year 3. 1-c. Prepare journal entries to record these transactions and events. Complete this question by entering your answers in the tabs below. Calculate depreciation for Year ?. Year 3 December 31 Recorded annual straight-1ine depreciation on the truck. December 31 Sold the truck for $5,600 cash. Required: 1-a. Calculate depreciation for Year 2. 1-b. Calculate book value and gain (loss) for sale of Truck on December 31, Year 3. 1-c. Prepare journal entries to record these transactions and events. Complete this question by entering your answers in the tabs below. Calculate depreciation for Year 2. December 31 Recorded annual straight-1ine depreciation on the truck. December 31 Sold the truck for $5,600 cash. Required: 1-a. Calculate depreciation for Year 2. 1-b. Calculate book value and gain (loss) for sale of Truck on Decert 31, Year 3. 1-c. Prepare journal entries to record these transactions and events Complete this question by entering your answers in the tabs below. Calculate book value and gain (loss) for sale of Truck on December 31 , Year 3. Prepare fournal entries to record these transactions and events. Journal entry worksheet 2345 Record the total cost of the new delivery truck. Mote: Cener atpits before becus. Prepare journal entries to record these transactions and events. Journal entry worksheet 5 Record the year-end adjusting entry for the depreciation expense of the dellvery truck. Note fonter debits totare deats. Prepare journal entries to record these transactions and events. Journal entry worksheet Record the year-end adjusting entry for the depreciation expense of the delivery truck. Metn: Priter debies before credits. repare journal entries to record these transactions and events. Journal entry worksheet 5 Record the year-end adjusting entry for the depreciation expense of the delivery truck. hurent Enter debes before Gertho Prepare journal entries to record these transactions and events. Journal entry worksheet

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