Problem 8-5A Computing and revising depreciation; selling plant assets LO C2, P1, P2 Yoshi Companyr completed the following transactions and events involving its delivery trucks. liter 1 Jan. 1 Paid $22,015 cash plus $1,785 in sales tax for a new delivery truck estimated to have a five-year life and a $2,000 salvage value. Delivery truck costs are recorded in the Trucks account. Dec. 3] Recorded annual straight-line depreciation on the truck. liter 2 Dec. 31 The truck's estimated useful life was changed from five to four years, and the estimated salvage value was increased to $2,550. Recorded annual straightline depreciation on the truck. Hear 3 Dec. 3] Recorded annual straight-line depreciation on the truck. Dec. 31 Sold the truck for $5,500 cash. Required: 1-a. Calculate depreciation for Year 2. Ha. Calculate book value and gain (loss) for sale of Truck on December 31. Year 3. 1-:. Prepare journal entries to record these transactions and events. Complete thls queslion by enterlng your answers In the tabs below. Required 1A Required 13 Required 1c Calculate depreclation for Year 2. mm _ Less accumulated depreciation (from Year 1) some _ Less revised salvage value Years of life remaining _ Total depreciation for Year 2 . Remaining cost to be depreciated _ Required 13 >