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.) Record the purchase or storage shed components for $101,000. Record the payment of $6,000 to have the storage shed erected. Record the purchase of a pickup truck for $47,000. Record the repairs of $500 to the pickup truck. Record the purchase of a patent for $14,000 on a new paper bag manufacturing process. Record the depreciation and amortization expense on the pickup truck, storage shed and patent for the year. Record the depreciation for the truck up to the date of sale. Record the sale of the pickup truck for $40,000 cash. Record the depreciation on the storage shed for the year. Record any impairment loss incurred on the patent