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 $97,000 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 $43,000 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 $700 cash for minor repairs to the pickup truck's upholstery. July 1 Paid $18,000 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 $37,000 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.) No Date General Journal Debit Credit 1 97,000 January 02, 2018 Building Cash 97,000 N 4,000 January 03, 2018 Building Cash 4,000 3 April 01, 2018 43,000 Cash 43,000 4 May 13, 2018 700 Repairs and Maintenance Expense Cash 700 5 July 01, 2018 Patent 18,000 Cash 18,000 6 December 31, 201 Depreciation Expense Amortization Expense 7 June 30, 2019 Depreciation Expense Accumulated Depreciation Equipment co June 30, 2019 Cash Accumulated Depreciation-Equipment 8 June 30, 2019 Cash Accumulated Depreciation-Equipment Equipment Gain on Disposal 9 December 31, 201 Depreciation Expense Accumulated Depreciation-Buildings 10 December 31, 201 Amortization Expense Accumulated Amortization 11 December 31, 201 Accumulated Amortization Patent 12 December 31, 201 Impairment Loss Patent