Beckworth Company purchased a truck on January 1, 2022, at a cash cost of $12,600. The estimated residual value was $900 and the estimated useful life 4 years. The company uses straight-line depreciation computed monthly. On July 1, 2025, the company sold the truck for $2,400 cash. Required information C. Prepare the required journal entries on the date of disposal, July 1, 2025. (Assume no 2025 depreciation had yet been recorded) Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. No 1 Transaction July 01, 2025 General Journal Depreciation expense Accumulated depreciation 2 July 01, 2025 Cash Accumulated depreciation Trucks Gain on Disposal 00 0000 Debit Credit 1,463 1,463 2,400 ( 10.238 12,600 225