Prepare general journal entries to record the following events: (Show your calculations) Oct 1, 2019 Dec 31, 2019 Jan 1, 2020 Dec 31, 2020 Paid cash for a new truck, $90,000 plus $5,700 for freight. The truck was estimated to have a five year life and a $10,000 salvage value. Recorded straight-line depreciation expense on the truck. Upon further consideration, management revised the salvage value to $5,000 and an estimated useful life of six years. Recorded straight-line depreciation on the truck.