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A depreciation schedule for semitrucks of Marigold Manufacturing Company was requestsd by your ausitar soon after Decarber 2003 to 2026 , incluske. The following data

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A depreciation schedule for semitrucks of Marigold Manufacturing Company was requestsd by your ausitar soon after Decarber 2003 to 2026 , incluske. The following data ware ascertained. No charges had been thade against the account before darcary 1,2023. Tranasctions between January 1.2023 and December 31 . 2d2. which were recorded in the ledger, ars as followis. July 1.2023 Truck No.3 was traded for a larger one Mo. Si, the igreed purchase prics of which was 541,600 Marigsid paid the automable dewer $22.850 cash on the trantaction, The entryas a desit to Truds and a cresit to Cast. 522.890. The transuction has commercial substance. July 1,2025 Anew truck(Na di was acquared for 543,680 cah and was charged it that amount to the Trucks ascount. thesume truckelo. 2 was not retired) July 1.2025 Truck Na. 4 was damagedin a wreck to such an cutent that it was sold a junk for 5728 cash Marigold reckived 52.600 from the insurance compary The entry made by the booldewper was a debit to Casin. 53.326, and credisto Miscelancous income. 5728 , and Truck. 32,600. Ertries for straight tine depreciation had best made at the close of each year as followe: 2023, 521,040;2024,523,400:2025. $26,052 and 2026,531,616 For exch of the 4 yeark compute wepwately the increase or decrease in net income arising fecm the companys errors in determining or entering deprec

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