Module 9 Checkpoint Name Cookie Monster Co. purchased a truck costing $84,000 on January 1, 2020. The truck had an estimated useful life of 12 years and no salvage value. Cookie Monster Co. uses the straight-line depreciation method. REQUIRED: Give the general journal entry required to record the disposal of the truck in each of the following cases. Use the Case Number as the date in your journal. Case 1: The truck is retired and discarded at the end of 12 years. Case 2: The truck is retired and discarded at the end of 10 years. Case 3: The truck is sold for $26,300 cash at the end of 8 years. Case 4: The truck is sold for $48,000 cash on July 1 of year 6. Case 5: At the end of year 9, the truck is exchanged for a new truck. On the date of the exchange, the old truck had a fair market value of $18.400 and Cookie Monster Company also paid $71,600 cash in the exchange, which has commercial substance, Case 6: At the end of year 9, the truck is exchanged for a new truck. On the date of the exchange, the old truck had a fair market value of $26,100 and Cookie Monster Company also paid $63.900 in the exchange, which has commercial substance GENERAL JOURNAL Date Account Titles DR CR