Tower Company owned a service truck that was purchased at the beginning of Year 1 for $43,000. It had an estimated life of three years and an estimated salvage value of $4,000. Tower Company uses straight-line depreciation. Its financial condition as of January 1, Year 3, is shown in the following financial statements model. In Year 3, Tower Company spent the following amounts on the truck:

January 4	Overhauled the engine for $7,100. The estimated life was extended one additional year, and the salvage value was revised to $3,000.
July 6	Obtained oil change and transmission service, $360.
August 7	Replaced the fan belt and battery, $460.
December 31	Purchased gasoline for the year, $8,600.
December 31	Recognized Year 3 depreciation expense.

Required

1. Prepare journal entries for the Year 3 transactions.