The following transactions and adjusting entries were completed by a paper-packaging company called Gravure Graphics International during 2018 and 2019. The company uses straight-line depreciation for trucks and other vehicles, double-declining-balance depreciation for buildings, and straight-line amortization for patents. 2018 January 2 Paid $96,000 cash to purchase storage shed components January 3 Paid $6,000 cash to have the storage shed erected. The storage shed has an estimated life of 10 years and a residual value of $9,000 April 1 Paid $42,000 cash to purchase a pickup truck for use in the business. The truck has an estimated useful fe of five years and a residual value of $7,000 May 13 Paid $600 cash for minor repairs to the pickup truck's upholstery July 1 Paid $19,000 cash to purchase patent rights on a new paper bag manufacturing process. The patent is estimated to have a remaining useful life of five years December 31 Recorded depreciation and amortization on the pickup truck, storage shed, and patent. 2019 June 30 Sold the pickup truck for $36,000 cash. (Record the depreciation on the truck prior to recording its disposal.) December 31 Recorded depreciation on the storage shed. Also determined that the patent was impaired and wrote off its remaining book value (i.e., wrote down the book value to zero) Required Prepare the journal entries required on each of the above dates. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field. Do not round intermediate calculations.) Debit Credit Date General Journal January 02, 2018 Patent 96,000 96,000 Cash 6,000 January 03, 2018 Building 6,000 Cash 3April 01, 2018 42,000 42,000 Additional Paid-In Capital, Common Stock 4 May 13, 2018 Repairs and Maintenance Expense 600 600 Cash 9,000 July 01, 2018 Patent 19,000 Cash December 31, 201 Depreciation Expense Accumulated Depreciation Equipment Accumulated Depreciation-Equipment Depreciation Expense June 30, 2019Depreciation Expense Accumulated Depreciation Equipment Depreciation Expense June 30, 2019Depreciation Expense Accumulated Depreciation-Equipment 36,000 8,750 June 30, 2019 Cash Accumulated Other Comprehensive Income 2,750 42,000 Gain on Disposal Equipment 8,700 December 31, 201 Depreciation Expense Accumulated Depreciation-Buildings 8,700 10 December 31, 201 Amortization Expense Patent 1,900 9,300 December 31, 201 Depreciation Expense 9,300 Accumulated Depreciation-Equipment 3,300 12 December 31, 201 Impairment Loss Patent 13,300