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