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 esimated 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 esimated residual value of $7,000 and an estimated life of five years Year 3 Juahs Duenhannd n nde Ane eCe.n00ndna.ann Instructions Year 2 Dan 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. Jounalize the transactions and the adjusting entries. Refer to the Chart of Accounts for exact wording of account ttes