A. DOSLOM FIUwers, INC. Sells and delivers Towers. Un January 1, 2019, the Company purchased a new delivery Vall. The costs included: van $75,250; sales tax $3,150; delivery cost $1,500; cost of insurance during delivery $100; and vehicle insurance covering the next 12 months $24,000. The company took out a long-term loan for the van purchase. Record all transactions. | Date 01.01.19 Account Titles & Explanation Ref. Debits Credits B. Boston Flowers, Inc. uses straight-line depreciation and determined the van purchased in the previous question (A) had a useful life of 7 years with a residual value of $10,000. Record and analyze the journal entry for depreciation at 12/31/19 Account Titles & Explanation Ref. Debits Credits Date 12.31.19 Balance Sheet Income Statement Assets = Liabilities + Stockholders' Equity | Revenues | Expenses = | Net Income