Pronghorn Company incurs the following expenditures in purchasing a truck cash price $42.000, accident insurance $2.900 taxes $2.700. motor vehicle license $100, and painting and lettering 5400. What is the cost of the truck? Cost of the trucks Blue Spruce Company had the following two transactions related to its delivery truck Paid $230 for an oil change. Paid $800 to install special gear unit, which increases the operating efficiency of the truck 1. 2. Prepare Blue Spruce's journal entries to record these two transactions. (Credit account titles are automatically inderted when amount is entered. Do not indent manually . If no entry is required, select "No Entry" for the account titles and enter for the amounts) No Account Titles and Explanation Debit Credit 1. 2 Ayayai Company acquires a delivery truck at a cost of 543,000. The truck is expected to have a salvage value of $15.000 at the end of its 5-year useful life. Compute annual depreciation expense for the first and second years using the straight-line method Year 1 Year 2 $ Annual depreciation expense