The following transactions and adjusting entries were completed by a paper-packaging company called Gravure Graphics International during 2015 and 2016. The company uses straight-line depreciation for trucks and other vehicles, double-declining-balance depreciation for buildings, and straight-line amortization for patents.

January	2	, 2015	Paid $100,000 cash to purchase storage shed components.
January	3	, 2015	Paid $5,000 cash to have the storage shed erected. The storage shed has an estimated life of 10 years and a residual value of $8,000.
April	1	, 2015	Paid $46,000 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 $6,000.
May	13	, 2015	Paid $400 cash for repairs to the pickup truck.
July	1	, 2015	Paid $15,000 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	, 2015	Recorded depreciation and amortization on the pickup truck, storage shed, and patent.
June	30	, 2016	Sold the pickup truck for $39,000 cash. (Record the depreciation on the truck prior to recording its disposal.)
December	31	, 2016	Recorded depreciation on the storage shed. 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.)