prepare journal entries to record these transactions and events

Yoshi Company completed the following transactions and events involving its delivery trucks. Year 1 January 1 Paid $25,015 cash plus $1,785 in sales tax for a new delivery truck estimated to have a five-year life and a $2,150 salvage value. Delivery truck costs are recorded in the Trucks account. December 31 Recorded annual straight-line depreciation on the truck. Year 2 pecember 31 The truck's estimated useful life was changed from five to four years, and the estimated salvage value was inereased to $2,700. Recorded annual straight-1ine depreciation on the truck. Year 3 pecember 31 Recorded annual straight-line depreciation on the truck. December 31 Sold the truck for $5,500cash. equired: -a. Calculate depreciation for Year 2. -b. Calculate book value and gain (loss) for sale of Truck on December 31, Year 3. -c. Prepare journal entries to record these transactions and events. Complete this question by entering your answers in the tabs below. Prepare journal entries to record these transactions and events