Gopher Company purchased a truck on January 1, 2009, at a cash cost of $10,600. The estimated residual value was $400 and the estimated useful life was 4 years. The company uses straight-line depreciation computed monthly. On July 1, 2012, the company sold the truck for $1,700 cash.

A. What was the depreciation expense amount per month?

B. What was the amount of accumulated depreciation on July 1, 2012?

C. Give the required journal entries on the date of disposal, July 1, 2012. (Assume no 2012depreciation had yet been recorded)