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each month. 3) January 1: The company sells all of its trucks account for $21,700. The original cost was $46,900 and had accumulated depreciation of $32,300. 4) January 8: The company has a customer pay their full account balance from a December 27, 20x1, inventory sale on account. Assume that the company uses the gross method for cash discounts and that the customer purchased 3 computers for $490 each on account under terms 2/20, N/50 5) January 11: The company purchases a $34,800 indefinite-life franchise agreement. 6) January 22: The company fulfills a large, $165,000 purchase order of various inventory items that was paid in advance on November 1, 20X1. Assume a cost of goods sold of $78,000 on the order. 7) February 1: The company pays $5,700 for January's utilities expense. 81 February 1. The company purchases new equipment for $30,200. The company also pays $200