Chart of Account Joumal Instruction The following transactions and adjusting entries were completed by Legacy Furniture Co. during a three-year period. All are related to the use of delivery equipment. The double sening hodet en is used Year 1 4 Nov 2 Dec 31 Purchased a used delivery truck for $28.400 paying cash Paid garage $750 or miscellaneous repairs to the truck Recorded depreciation on the truck for the year. The estimated use of the truck is four years, with a $5.265 for the truck Year 2 Jan Purchased a new truck or $49,700, paying cash Sold the used truck purchased on Jan dot Year 1 for $15.140. (econd depreciation to date in Year 2 for the truck) Paid garage 5475 for maneous repairs to the truck Hecoded depreciation for the new truck thas an estimated residual Vale of $1,795 and an estimate of five years June 11 Dec 31 June 11 Jan 6 Purchased a new truck for $49,700, paying cash Apr 1 Sold the used truck purchased on Jan. 4 of Year 1 for $15,140 (Record depreciation to date in Year 2 for the truck) Paid garage $475 for miscellaneous repairs to the truck Dec 31 Recorded depreciation for the new truck. It has an estimated residual value of $8,795 and an estimated life of five years. Year 3 July 1 Purchased a new truck for $53,240, paying cash. Sold the truck purchased January 6, Year 2, for $17,394 (Record depreciation to date for Year 3 for the truck) Recorded depreciation on the remaining truck purchased on July 1. It has an estimated residual value of $11,025 and an estimated useful life of eight years. Oct 2 Dec 31 Joumalize the transactions and the adjusting entries. Refer to the Chart of Accounts for exact wording of accountides