Yoshi Company completed the following transactions and events involving its dellvery trucks. Year 1 January I paid $20,515 cash plus $1,485 in sales tax for a new delivery truck estimated to have a five-year 1 ife and a $2,000 salvage value. Delivery truek costs are recorded in the rrucks account. pecember 31 Recorded annual straight-1ine depreciation on the truek. Year 2 pecember 31 The truck's estimated useful lifo. was changed from five to four years, and the estimated salvage value was increased to $2,400. Recorded annual straight-1ine depreciation on the truck. Year 3 pecember 31 Recorded annual straight-1ine depreciation on tho truck. pecember 31 sold the truck for $5,300cash. Required: 1-a. Calculate depreciation for Year 2. 1-b. Calculate book value and gain (loss) for sale of Truck on December 31, Year 3. 1-c. Prepare journal entries to record these transactions and events. Yoshi Company completed the following transactions and events involving its dellvery trucks. Year 1 January I paid $20,515 cash plus $1,485 in sales tax for a new delivery truck estimated to have a five-year 1 ife and a $2,000 salvage value. Delivery truek costs are recorded in the rrucks account. pecember 31 Recorded annual straight-1ine depreciation on the truek. Year 2 pecember 31 The truck's estimated useful lifo. was changed from five to four years, and the estimated salvage value was increased to $2,400. Recorded annual straight-1ine depreciation on the truck. Year 3 pecember 31 Recorded annual straight-1ine depreciation on tho truck. pecember 31 sold the truck for $5,300cash. Required: 1-a. Calculate depreciation for Year 2. 1-b. Calculate book value and gain (loss) for sale of Truck on December 31, Year 3. 1-c. Prepare journal entries to record these transactions and events