Problem 1: I purchased an old truck sold,original cost was $25,000, and accumulated depreciation on Dec 31, 2015 was $10,000.Annual Depreciation is $5,000.sale price is $8,000.TI sold the truck and charged a 5% commission. I received A check for $7,600 was received and deposited. Problem 2: My company rebuilt a diesel engine on the barge was rebuilt at a cost of $6,000.The expenditure is to be capitalized rather than expensed. The company paid with check. Problem 3: I obtained permits from the state for installations in 2018 and paid in cash were $2000, the fees charged by Ozark are $800. Problem 3: The company purchased Tools and paid for them in cash $2000.