(1)During the year a new windshield is installed for $450, new tires are put on for $1,800 and a custom made, upgraded battery system that extends the useful life of the vehicle is installed in one of the vehicles for $21,300. How should the three purchases be accounted for - are they an expense or canital? N (2) A different vehicle from the above is sold to a local business for $34,500 cash on October 6/23. The original cost on the vehicle was $67,500 and accumulated amortization as of the date of disposal was $42,250. Prepare the entry to record the disposal of the vehicle - description is not required. n To replace the vehicle sold, a new one is purchased for $127,200 and is paid for using $17,200 of cash and a $110,000 loan. Management estimates the residual value of the vehicle will be $7,200 and will last for 20 years or 400,000kms. They are considering the three options available for depreciation and trying to select one - if they did use the double declining balance, they would use a rate of 30% per year. 3A) Record the journal entry for the purchase. (No description needed) 3B) Calculate the amortization for the first two years under each of the options. Assume it was purchased at the start of the fiscal year. Kilometers driven in year one were 19,500 and 29,800 in year two