a. Record the entry for Nan Company $7,000 of depreciation expense for a Truck. Account Name Debit Credit b. On January 2, 2017 the Lily Company purchased grinding machine that costs $74,800 by paying cash of $6,000 and signing a note for the balance. Record this event. Account Name Debit Credit c. Bobb Co. paid cash to purchase a drill press for $19,000 on January 1, 2016. This asset had a zero salvage value and an 8-year estimated useful life. On April 1, 2016, the company spent $1,220 cash on routine repair and maintenance. Record the April 1, 2016 expenditure and its effects on the company's financial statements? Account Name Debit Credit d. On May 16, 2015, Hanmo Corporation found it necessary to recognize an impairment loss of $110,000 of goodwill. The goodwill was originally recorded two years earlier in connection with the purchase of another company. Record the impairment loss. Account Name Debit Credit