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 2 Paid $89,000 cash to purchase storage shed components. 3 Paid $6,000 cash to have the storage shed erected. The storage shed has an estimated life of 10 years and a residual value of $9, 000. 1 Paid $32,000 cash to purchase a pickup truck for use in the business. The truck has an estimated useful 1ife of five years and a residual value of $7,000 January January April May 13 Paid $200 cash for minor repairs to the pickup truck's upholstery 1 Paid $26,000 cash to purchase patent 1gntS on a new paper bag manufacturing process. The patent is July December 31 Recorded depreciation and amortization on the pickup truck, storage shed, and patent. 2019 June 30 Sold the pickup truck for $27,000 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.) XAnswer is not complete No Date General Journal Debit Credit 89,000 January 02, 2018 Building 1 Cash 89,000 6,000 January 03, 2018 Building 2 Cash 6,000 32,000 April 01, 2018 Equipment 3 Cash 32,000 May 13, 2018 Repairs and Maintenance Expense 900 X 4 900 X Cash 26,000 Patent July 01, 2018 5 26,000 Cash December 31, 201Depreciation Expense 6 Accumulated Depreciation-Equipment X Accumulated Depreciation-Equipment June 30, 2019 Depreciation Expense 7 Accumulated Depreciation-Equipment June 30, 2019 Cash 8 Accumulated Depreciation-Equipment Equipment Gain on Disposal