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 -ine depreclation for trucks and other vehicles, double-declining-balance depreciation for buildings, and straight-ine amortization for patents 2018 January 2 Paid $90, cash to purchase storage shed components. Danuary 3 Paid $5,e00 cash to have the storage shed erected. The storage shed has an estimated life of 10 years and a residual value of $8,800. years anda residual value of $6,000. remaining useful life of five years April 1 Paid $33,000 cash to purchase a pickup truck for use in the business. The truck has an estinated useful life of five May 13 Paid $180 cash for inor repairs to the pickup truck's upholstery Duly 1 Paid $25,099 cash to purchase patent rights on a new paper bag sanufacturing process. The patent is estinated to have a Decenber 31 Recorded depreciation and asortizat ion on the pickup truck, storage shed, and patent. 019 June 30 Sold the pickup truck for $28,000 cash. (Record the depreciation on the truck prior to recording its disposal.) Decesber 31 Recorded depreciation on the storage shed. Also determined that the patent was ispaired and wrote off its reasining book value (i.e., wrote down the book value to zero) nces 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 1 2 3 4 56 7 8 .11 Record the purchase of storage shed components for $90,000. Note: Enter debits befre credits January 02, 2018