Yoshi Company completed the following transactions and events involving its delivery trucks. Year 1 January...

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Yoshi Company completed the following transactions and events involving its delivery trucks. Year 1 January I Paid \$25,015 cash plus \$1,935 in sales tax for a new delivery truck estinated to have a five-year 113 fe and a $2,450 salvage value. Delivery truck costs are recorded in the Trucks account. Deceaber 31 feconded annual straight-line depreciation on the truck. Yeor 2 Decenber 31 the truck's estinated useful life was chanked fron five to four years, and the estinated salvage value was increased to $2,700. Recorded moual straight-line depreciation on the truck. Year 3 Decenber 31 kecorded annual stralieht-line depreciation on the truck. Deceober 31 sold the truek for $5,500 cash. Required: 1-o. 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 entrles to record these transactions and events. Complete this question by entering your answers in the tabs below. Calculate depreciation for Year 2. Calculate depreciation for Year 2. December 31 Recorded annual straight-line depreciation on the truck. December 31 sold the truck for $5,500 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 book value and gain (loss) for sale of Truck on December 31 , Year 3. Journal entry worksheet 5 Record the total cost of the new delivery truck. Note: Enter debits before credits. Journal entry worksheet Record the year-end adjusting entry for the depreciation expense of the delivery truck. Note: Enter debits before credits. Journal entry worksheet Record the year-end adjusting entry for the depreciation expense of the delivery truck. Note: Enter debits before credits. Journal entry worksheet Record the year-end adjusting entry for the depreciation expense of the delivery truck. Note: Enter debits before credits. Journal entry worksheet

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