Prepare the necessary journal entries to record the following transactions in 2017 for Shula Company. Show all your work on the back of this page. Use the form below for the journal entries. 2017 Sold a delivery truck for $25,000 cash. The delivery truck originally cost $57,000 and had accumulated depreciation of $19,000 on the date of the sale. Assume depreciation on the truck is normally recorded every December 31. Depreciation is calculated on a declining-balance basis using a rate of 30% July 31 Aug. 31 Equipment with a 4-year useful life was purchased on January 1, 2015, for $15,000 and was sold for $9,000. The equipment had been depreciated using the straight-line method with an estimated residual value of $3,000. Depreciation Expense was last recorded on December 31, 2016. OO honor V9