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 $93,000 cash to purchase storage shed components. January 3 Paid $4,000 cash to have the storage shed erected. The storage shed has an estimated life of 10 years and a residual value of $7,000. April 1 Paid $36,000 cash to purchase a pickup truck for use in the business. The truck has an estimated useful life of five years and a residual value of $5,000. May 13 Paid $400 cash for minor repairs to the pickup truck's upholstery. July 1 Paid $22,000 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 $31,000 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.) Journal entry worksheet Record the depreciation for the truck up to the date of sale. Note: Enter debits before credits. Date General Journal Debit Credit 31,000 June 30, 2019 Depreciation Expense Accumulated DepreciationEquipment 31,000 Record entry Clear entry View general journal Journal entry worksheet Record the depreciation and amortization expense on the pickup truck, storage shed and patent for the year. Note: Enter debits before credits. Date General Journal Debit Credit December 31, 2018 Depreciation Expense 13,650 2,200 Amortization Expense Accumulated DepreciationBuildings Accumulated Depreciation-Equipment Accumulated Other Comprehensive Income 9,000 4,650 2,200 Record entry Clear entry View general iournal X Answer is complete but not entirely correct. No Date General Journal Debit Credit 1 January 02, 2018 Building 93,000 Cash 93,000 2 January 03, 2018 Building 4,000 Cash 4,000 3 April 01, 2018 36,000 Equipment Cash 36,000 4 May 13, 2018 Repairs and Maintenance Expense 400 Cash 400 5 July 01, 2018 Patent 22,000 Cash 22,000 6 December 31, 201 Depreciation Expense 13,650 X 2,200 9,000 Amortization Expense Accumulated Depreciation-Buildings Accumulated Depreciation-Equipment Accumulated Other Comprehensive Income 4,650 2,200 7 June 30, 2019 Depreciation Expense 31,000 X 4,000 ACCUiTulaleu vepiecialOIEquipment Accumulated Other Comprehensive Income 2,200 7 June 30, 2019 31,000 Depreciation Expense Accumulated Depreciation Equipment 31,000 X 8 June 30, 2019 Cash 31,000 7,750 Accumulated DepreciationEquipment Gain on Disposal Equipment 2,750 36,000 9 December 31, 201 Depreciation Expense 9,000 X Accumulated Depreciation Buildings 9,000 X 10 December 31, 201 Amortization Expense 4,400 Accumulated Amortization 4,400 11 December 31, 201 Accumulated Amortization 6,600 Patent 6,600 12 December 31, 201 Impairment Loss 15,400 Patent 15,400