Journal Entries Problem!

The following transactions and adjusting entries were completed by a paper-packaging company called Gravure Graphics International during 2015 and 2016. The company uses straight-line depreciation for trucks and other vehicles, double-declining-balance depreciation for buildings, and straight-line amortization for patents.

January	2	, 2015	Paid $89,000 cash to purchase storage shed components.
January	3	, 2015	Paid $6,000 cash to have the storage shed erected. The storage shed has an estimated life of 10 years and a residual value of $9,000.
April	1	, 2015	Paid $32,000 cash to purchase a pickup truck for use in the business. The truck has an estimated useful life of five years and a residual value of $7,000.
May	13	, 2015	Paid $200 cash for repairs to the pickup truck.
July	1	, 2015	Paid $26,000 cash to purchase patent rights on a new paper bag manufacturing process. The patent is estimated to have a remaining useful life of five years.
December	31	, 2015	Recorded depreciation and amortization on the pickup truck, storage shed, and patent.
June	30	, 2016	Sold the pickup truck for $27,000 cash. (Record the depreciation on the truck prior to recording its disposal.)
December	31	, 2016	Recorded depreciation on the storage shed. Determined that the patent was impaired and wrote off its remaining book value (i.e., wrote down the book value to zero).

1) Record the following journal entries:

A) (Jan 2, 2015) Record the purchase of storage shed components for $89,000.

B) (Jan 3, 2015) Record the payment of $6,000 to have the storage shed erected.

C) (April 1, 2015) Record the purchase of a pickup truck for $32,000.

D) (May 13, 2015) Record the repairs of $200 to the pickup truck.

E) (July 1, 2015) Record the purchase of a patent for $26,000 on a new paper bag manufacturing process.