Problem 10-5A Computing and revising depreciation; selling plant assets LO C2, P1, P2 Yoshi Company completed the following transactions and events involving its delivery trucks. Year 1 Jan. 1 Paid $20,515 cash plus $1,485 in sales tax for a new delivery truck estimated to have a five-year life and a $2,300 salvage value. Delivery truck costs are recorded in the Trucks account. Dec. 31 Recorded annual straight-line depreciation on the truck. Year 2 Dec. 31 The truck's estimated useful life was changed from five to four years, and the estimated salvage value was increased to $2,700. Recorded annual straight-line depreciation on the truck. Year 3 Dec. 31 Recorded annual straight-line depreciation on the truck Dec. 31 Sold the truck for $5,400 cash. Required: 1-a. Calculate depreciation for Year 2. 1-b. Calculate book value and gain (loss) for sale of Truck on December 31, Year 3. 1-c. Prepare journal entries to record these transactions and events. points Required 1A Required 18 Required 1C eBook Calculate depreciation for Year 2. References $ 22,000 3,940 Total cost Loss accumulated depreciation (from Yoar 1) Book value Loss revised salvage value Remaining cost to be depreciated Years of life remaining Total depreciation for Year 2 Rogerd 1A Required 18 > points Required 1A Required 1B Required 10 eBook Calculate book value and gain (loss) for sale of Truck on December 31 Year 3. Print References 0 Depreciation expense (for Year 1) Depreciation expense (for Year 2) Depreciation expense (for Year 3) Accumulated depreciation 12/31/Year 3 Book value of truck at 12/31/Year 3 Total cost Accumulated depreciation Book value 12/31/Year 3 Journal entry worksheet 14 points 1 2 3 4 5 eBook Record the total cost of the new delivery truck, Print References Note: Enter debits before credits General Journal Date Jan 01, Year 1 Debit Credit Record entry Clear entry View neral Journal MC