3. Canyon Company has a used delivery truck that originally cost $27,200. Straight-line depreciation on the truck has been recorded for three years, with a $2,000 expected salvage value at the end of its estimated six-year useful life. The last depreciation entry was made at the end of last year (the third year). In April (the four month) of the current year, Canyon disposes of the truck. Prepare journal entries, in proper form (including any cash, long-lived asset, depreciation, accumulated depreciation and gains(losses), if applicable), to record: a. Depreciation expense to date of disposal (April of the current year) b. Sale of the truck for cash at its book value c. Sale of the truck was for $15,000 cash d. Sale of the truck for $12,000 cash 5. Bax Corporation had the following transactions related to its delivery truck. Prepare journal entries, in proper form, to record the following transactions. a. Jan 1, purchased a new truck for $14,300 cash with an estimated useful life of four years and a salvage value of $2,300. b. Dec 31, recorded depreciation on the truck for the year. 8. Mox, Inc. has the following payroll for March Officers