Phillipines Trucking bought three used trucks for $60,000. An independent appraisal of the trucks produced the following figures: Truck 1 2 3 Appraised Value $24,000 23,000 20,000 Phillipines Trucking paid $21,000 in cash and signed a note for the remainder. Record the purchase in the general journal on February 1, identifying each truck's individual cost in a separate Truck account. Phillipines Trucking rounds percentage calculations to two decimal places and all costs to the nearest whole dollar as it feels greater precision is not material