Yoshi Company completed the following transactions and events involving its delivery trucks. Year 1

January 1	Paid $23,515 cash plus $1,485 in sales tax for a new delivery truck estimated to have a five-year life and a $2,150 salvage value. Delivery truck costs are recorded in the Trucks account.
December 31	Recorded annual straight-line depreciation on the truck.

Year 2

December 31	The trucks estimated useful life was changed from five to four years, and the estimated salvage value was increased to $2,550. Recorded annual straight-line depreciation on the truck.

Year 3

December 31	Recorded annual straight-line depreciation on the truck.
December 31	Sold the truck for $5,300 cash.

Calculate depreciation for Year 2.

Total cost
Less accumulated depreciation (from Year 1)
Book value
Less revised salvage value
Remaining cost to be depreciated
Years of life remaining
Total depreciation for Year 2

Calculate book value and gain (loss) for sale of Truck on December 31, Year 3.

Depreciation expense (for Year 1)
Depreciation expense (for Year 2)
Depreciation expense (for Year 3)
Accumulated depreciation 12/31/Year 3	0
Book value of truck at 12/31/Year 3
Total cost
Accumulated depreciation
Book value

Record the total cost of the new delivery truck.

Record the year-end adjusting entry for the depreciation expense of the delivery truck. Year 1

Record the year-end adjusting entry for the depreciation expense of the delivery truck. Year 2

Record the year-end adjusting entry for the depreciation expense of the delivery truck. Year 3

Record the sale of the delivery truck for $5,300 cash.