Transactions for Fixed Assets, including Sale The following transactions and adjusting entries were completed by Robinson Furniture Coduring the year period. All are related to the use of delivery equipment The double declining balance method of depreciation de voed. Year 1 Jan. . Purchased a used delivery truck for $1,400, paying cath Mar. 7. Pod garage $130 for changing the oil, replacing the oil filter and tuning the engine on the delivery truck Dec. 31. Recorded depreciation on the truck for the final year. The estimated value of the truck in e pare, with a resdual value of 50,100 for the truck. Year 2 Jan. 9. Purchased a new truck for $44,100, paying cash Feb 20. Poid garage $410 to tune the engine and make other minor repairs on the used truck Apr 30. Sold the used truck for $25,300. (Record depreciation to date in Vear 2 for the truck.) Do L. Record depreciation for the new truck. It has an estimated trade in value of sy woo and an estimated We of years, Year Sept. 1. Purchased a new truck for $90,000. paying cash Sept. 4. Sold the truck purchased January 9, Year 2 for $26,000. (Record deprecation to date in year for the truck.) Dec 31. Recorded depreciation on the remaining truck. It has an estimated rendust value of $16,900 and an estimated useful We of 10 years, Required: Journalize the transactions and the adjusting entries. If an amount box does not require an entry leave it blank. Do not round intermediate calculation Round your final answers to the nearest cent. Year 1, Jana Delivery Truck 31.400