eided to open a food truck business, the Samosa Shack. She encountered the following transactions in managing er the first 2 years of her business. Purchased food truck for $75,000 and paid $7,500 to have a commercial oven installed. Other costs that she incurred are $7,500 for insurance on the truck for the first year, and $9,000 to have the truck painted with her Samosa Shack logo. Jessica estimates that the truck would last 5 years and have a $6,000 residual value. The oven is also expected to last 5 years and have a $600 residual value. The oven broke down and cost $3,000 to repair. Recorded the adjusting entry for depreciation and insurance. Replaced all of the tires with all-season tires for $3,000 and paid another year of insurance for $7,500. Recorded the adjusting entry for depreciation and insurance. Jessica was exhausted from the food truck business, and decided to go back to school and sell the food truck to her friend Mark. He paid her $36,000 for the truck and oven, which included $600 for the oven component. ny calculates depreciation using the straight-line method to the nearest month. ries for the 2 years that Jessica owned the truck, including the disposal of the truck and oven. Jessica Grewal decided to open a food truck business, the Samosa Shack. She encountered the following tra her equipment over the first 2 years of her business. April 1, 2021 October 1, 2021 December 31, 2021 April 1, 2022 December 31, 2022 March 31, 2023 Purchased food truck for $75,000 and paid $7,500 to have a commercial oven inst that she incurred are $7,500 for insurance on the truck for the first year, and the truck painted with her Samosa Shack logo. Jessica estimates that the truck and have a $6,000 residual value. The oven is also expected to last 5 years and residual value. The oven broke down and cost $3,000 to repair. Recorded the adjusting entry for depreciation and insurance. Replaced all of the tires with all-season tires for $3,000 and paid another year $7,500. Recorded the adjusting entry for depreciation and insurance. Jessica was exhausted from the food truck business, and decided to go back to sc food truck to her friend Mark. He paid her $36,000 for the truck and oven, which for the oven component. Note: The company calculates depreciation using the straight-line method to the nearest month. Required: Record all the entries for the 2 years that Jessica owned the truck, including the disposal of the truck and over