NeverLate Ltd. completed the following transactions involving delivery trucks: 2020 Mar. 26 Paid cash for a new delivery truck, $101,eee plus $5,608 of freight costs. The truck was estimated to have a five-year life and a $10,880 trade-in value. Dec. 31 Recorded straight-line depreciation on the truck to the nearest whole month. 2021 Dec. 31 Recorded straight-line depreciation on the truck to the nearest whole month. However, due to new information obtained early in January, the original estimated useful life of the truck was changed from five years to four years, and the original estimated trade-in value was increased to $14,5ee. Required: Prepare journal entries to record the transactions. (Do not round Intermediate calculations.) Answer is not complete. No Date General Journal Debit Credit 1 Mar. 26, 2020 108.600 Delivery truck Cash 106,600 2 Dec. 31. 2020 Depreciation expense, delivery truck Accumulated depreciation, delivery truck 3 Dec. 31. 2021 0 Depreciation expense, delivery truck Accumulated depreciation, delivery truck