PB9-4 Recording Transactions and Adjustments for Tangible and Intangible Assets [LO 9-1, LO 9-2, LO 9-3, LO 9-4, LO 9-5, LO 9-6] The following transactions and adjusting entries were completed by a local delivery company called Fast Delivery. The company uses straight-line depreciation for delivery vehicles, double-declining-balance depreciation for buildings, and straight-line amortization for franchise rights. January 2, 2015 July 1.2015 October 2, 2015 October 13, 2015 December 1, 2015 Paid $178.000 cash to purchase a small warehouse building near the airport. The building has an estimated life of 20 years and a residual value of $3,800. Paid $46.000 cash to purchase a delivery van. The van has an estimated useful life of five years and a residual value of se.200. Paid $800 cash to paint a small office in the warehouse building. Paid $200 cash to get the oil changed in the delivery van. Paid $85,500 cash to UPS to begin operating Fast Delivery business as a franchise using the name The UPS Store. This franchise right expires in five years. Recorded depreciation and amortization on the delivery van, warehouse building. and franchise right. Sold the warehouse building for S142.000 cash. (Record the depreciation on the building prior to recording its disposal.) Recorded depreciation on the delivery van and amortization on the franchise night. Determined that the franchise right was not impaired in value. December 31, 2015 June 30, 2016 December 31, 2018 Required: Prepare the journal entries required on each of the above dates. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field. Do not round intermediate calculations.)