2018

1.	Paid to overhaul the wreckers engine, $6,200, which extended the life of the wrecker to a total of four years. The salvage value did not change.
2.	Paid for gasoline and oil, $20,500.
3.	Collected $79,000 in towing fees.
4.	Recorded straight-line depreciation for 2018.
5.	Closed the revenue and expense accounts at the end of 2018.