On August 1, 2023, Estrada Inc buys 20 motorcycles at a CHP auction for $10,000 each. Estrada capitalizes the the motorcycles in the "Vehicle" account on their balance sheet. They expect to use the motorcycles in operations for four years, at which time they will sell them for scrap for $400 each. On August 1, 2026, Estrada sells one of the motorcycles (Motorcycle #1) for $2,000 cash. Does Estrada have a gain or loss? What is the amount of the gain or loss? Prepare the journal entry to record the sale of Motorcycle #1. DR: DR: CR: on sale of Vehicle On February 1, 2027, Estrada sells a second motorcycle (Motorcycle #2) for $2,000 cash. Prepare the journal entry to record the sale of Motorcycle #2. DR: DR: CR: on sale of Vehicle