The following transactions and adjusting entries were completed by Legacy Furniture Co. during a three-year period. All are related to the use of delivery equipment. The double-declining-balance method of depreciation is used.

Year 1
Jan. 4.	Purchased a used delivery truck for $26,000, paying cash.
Nov. 2.	Paid garage $825 for miscellaneous repairs to the truck.
Dec. 31.	Recorded depreciation on the truck for the year. The estimated useful life of the truck is four years, with a residual value of $2,000 for the truck.
Year 2
Jan. 6.	Purchased a new truck for $60,000, paying cash.
Apr. 1.	Sold the used truck for $14,000. (Record depreciation to date in Year 2 for the truck.)
June 11.	Paid garage $280 for miscellaneous repairs to the truck.
Dec. 31.	Record depreciation for the new truck. It has an estimated residual value of $7,000 and an estimated life of five years.
Year 3
July 1.	Purchased a new truck for $65,000, paying cash.
Oct. 2.	Sold the truck purchased January 6, Year 2, for $19,520. (Record depreciation to date for Year 3 for the truck.)
Dec. 31.	Recorded depreciation on the remaining truck. It has an estimated residual value of $6,000 and an estimated useful life of eight years.

Journalize the transactions and the adjusting entries. Refer to the Chart of Accounts for exact wording of account titles. Scroll down to access pages 2 and 3 of the journal. Do not round intermediate calculations.

Journalize the Year 1 transactions and adjusting entries on Page 1.