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Yoshi Company completed the following transactions and events involving its delivery trucks, Year 1 January 1 Paid $ 2 0 , 5 1 5 cash

Yoshi Company completed the following transactions and events involving its delivery trucks,
Year 1
January 1 Paid $20,515 cash plus $1,485 in sales tax for a new delivery truck estimated to have a five-year life and a $2,000 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 truck's estimated useful life was changed from five to four years, and the estimated salvage value was increased to $2,400. 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.
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.
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