City Taxi Service purchased a new auto to use as a taxi on January 1, 2016, for $21,000. In addition, City paid sales tax and title fees of $970 for the vehicle. The taxi is expected to have a five-year life and a salvage value of $5,830.

Requireda. A)Using the straight-line method, compute the depreciation expense for 2016 and 2017.(Round your answers to the nearest whole dollar amount.)

b.Prepare the general journal entry to record the 2016 depreciation.(If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

c.Assume that the taxi was sold on January 1, 2018, for $17,841. Prepare the journal entry for the sale of the taxi in 2018.(If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)