ring/user/attempt qucstart trame autodou 1913811&ispev&doc=1&q2399933cqldnbro Youtube Maps My Home Mudtop Cengage. Ouizzes Principles Time Left:1:26:26 Kennedy Jones: Attempt 1 Question 4 (15 points) Mystic Corporation purchased a new truck on January 1, 2017 for $65,000 cash. Mystic estimated a salvae value of $5,000 at the end of the useful life of 5 years. On January 2, 2019 Mystic had to replace the engine of the track paying $7.500 cash. Due to the replaced engine, Mystic estimates that the truck will continue a productive life for another four years Required (using the space below): . Prepare the journal entry to record the cost of the new engine. (Use [D] to label debits and [C] to label credits Assuming straight line depreciation is used, calculate the depreciation expense for 2019. (Place your answer below submit your work through the Final Exam Work Dropbox)