The following transactions and adjusting entries were completed by a paper-packaging company called Gravure Graphics International. 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 , 2020 paid $104,000 cabh to purchase atorage ohed conponenta. Aptil1, 2020 Paid $50,000 cash to purchane a plekup truck for use in the busineng. The truek bas an estimated uneful lite of f ive yeare and a residual value of 53,000 . This vehicle in to be recorded in the Truck account. May 13, 2020 Paid $800 canh for minor repairs to the pickup truck'n upholatory. fuly 1, 2020 Poid $11,000 eash to parchase patent rights on a new paper bag manatacturing process, The potent is estlated to have a remaining bseful iffe of f ive yearm. Deconber 31, 2020 Recorded depreciation and anortization on the pickup truck, storago shed, and patent. June 30, 2021 sold the pickup truck for $43,000 cash. (Hecord the depreciation on the truck prior to recording its disposal.) Decambet 31, 2021 Recorded deprooiation on the atorage ahed. Hecorded the patent amortization. After recording the patent amortization, determined that the patent was impaired and wrote off its remaining book value (1.e., vrote domn 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 Requlred" In the first account field. Do not round intermediate calculations.)