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Please solve this question 5. The Hang-Out, a popular pizza restaurant, has a thriving delivery business. The Hang-Out has a eet of three delivery automobiles.

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5. The Hang-Out, a popular pizza restaurant, has a thriving delivery business. The Hang-Out has a eet of three delivery automobiles. Prior to making the entry for this year's amortization expense, the subsidiary ledger for the eet is as follows: E m Residual Value 1 $18,000 $3,000 2 15,000 2,400 3 20,000 2,500 Instructions Accumulated Kilometres Estimated Life Amortization Operated in Kilometres Beg.of the Year During Year 50,000 $2,100 20,000 60,000 1,890 22,000 70,000 2,000 19,000 A. Make a journal entry for each to record the annual amortization expense for the cars. (2A)

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