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Jan. Yoshi Company completed the following transactions and events involving its delivery trucks. Year 1 1 Paid $20,515 cash plus $1,785 in sales tax for

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Jan. Yoshi Company completed the following transactions and events involving its delivery trucks. Year 1 1 Paid $20,515 cash plus $1,785 in sales tax for a new delivery truck estimated to have a five-year 1ltoane $2,300 walvage value. Delivery truck costs are recorded in the Truck account. Dec. 31 Recorded annual straight-line depreciation on the truck. Year 2 Dec. 11 The truck' estimated unoful life was changed from five to four years, and the estimated salvage value wa increased to $2,700. Recorded annual straight-line depreciation on the truck. Year 3 Dec.31 Recorded annual straight-line depreciation on the truck. Dec. 31 sold the truck for $5,400 cash. Required: 1-a. Calculate depreciation for Year 2. 1-b. Calculate book value and gain (loss) for sale of Truck on December 31, Year 3, 1.c. Prepare journal entries to record these transactions and events. Complete this question by entering your answers in the tabs below. Required 1A Required 1B Required 10 Calculate book value and gain (loss) for sale of Truck on December 31, Year 3. Complete this question by entering your answers in the tabs below. Required 1A Required 1B Required 1C Calculate book value and gain (loss) for sale of Truck on December 31, Year 3. 0 Depreciation expense (for Year 1) Depreciation expense (for Year 2) Depreciation expense (for Year 3) Accumulated depreciation 12/31/Year 3 Book value of truck at 12/31/Year 3 Total cost Accumulated depreciation Book value 12/31/Year 3

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