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Yoshi Company completed the following transactions and events involving its delivery trucks Year 1 Jan. 1 Paid $23,515 cash plus 51,785 in sales tax for

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Yoshi Company completed the following transactions and events involving its delivery trucks Year 1 Jan. 1 Paid $23,515 cash plus 51,785 in sales tax for a new delivery truck estimated to have a five-year life and a $2,450 salvage value. Delivery truck costs are recorded in the Trucks account. Dec. 31 Recorded annual straight line depreciation on the truck. Year 2 Dec. 31 The truck's estimated useful life was changed from five to four years, and the estimated salvage value was increased to $2,700. Recorded annual straight-line depreciation on the truck. Year 3 Dec. 31 Recorded annual straight-line depreciation on Dec. 31 Sold the truck for $5,500 cash. Required: 1-a. Calculate depreciation for Year 2 1-b. Calculate book value and gain floss for sale of Truck on December 31 Year 3 1-c. Prepare journal entries to record these transactions and events

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