rear ? January 1 Paid $20,515 cash plus $1,635 in salen tax for a ner delivery truck estimated to have a five-year life and a $2,450 salvage value. Delivery truek conts are recorded in the Truckn account. December 31 Recorded annual stralght-11ne depreciation on the truek. Year 2 Decenber 31 Tbe truck's estimated useful 1ife was changed froa five to four years, and the estinated salvage value vas Increased to $2,700. Recorded annual straight-1ine depreciation on the truck. Yeser 3 Decenber 31 Recorded annual straight-1ine depreciation on the truek. Decenber 31 5old the truek for 55,500 eanh. 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 joumal entries to record these transactions and events. Complete this question by entering your answers in the tabs below. Calculate depreciation for Year 2. Calculate book value and gain (loss) for sale of Truck on December 31, Year 3. Journal entry worksheet 2 Record the total cost of the new dellvery truck. Note: Enter debits before credits. Journal entry worksheet 5 Record the year-end adjusting entry for the depredation expense of the dellvery truck. Note: Enter deblts before credits. Record the sale of the delivery truck for $5,500 cash. Note: Enter debits before credits