On April 30, 2020, Tooth-Saber Company purchases a new delivery truck for KD 49,000. Tooth-Saber paid sales taxes of KD 2,000 for the truck. The logo of the company is painted on the side of the truck for KD 1,100. The driver's license is KD 190. The truck had to undergoes safety testing for KD 280 prior to delivery. In addition, Tooth-Saber estimates that the useful life of the truck is 8 years or 315,000 kilometers with a KD 8,500 residu value remaining at the end that period. Assume that the Double-Declining Balance method of depreciation is used. Instructions Prepare the following: A) The journal entry to record its purchase on April 30, 2020 (total cost of truck only). Date Accounts Debit Credit April 30, 2020 Equipment 5450 Cash 5450 B) The journal entry to record annual depreciation at December 31, 2021. Date Accounts Debit Credit Dec. 31, 2021 Depreciation Expense 9768.75 Accumulated Depreciation 9768.75