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Yoshi Company completed the following transactions and events involving its delivery trucks. 2016 Jan. 1 Paid $23,515 cash plus $1,785 in sales tax for a

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Yoshi Company completed the following transactions and events involving its delivery trucks. 2016 Jan. 1 Paid $23,515 cash plus $1,785 in sales tax for a new delivery truck estimated to have a five-year Dec. 31 Recorded annual straight-line depreciation on the truck. 2017 Dec. 31 Due to new information obtained earlier in the year, the truck's estimated useful life was changed life and a $2,150 salvage value. Delivery truck costs are recorded in the Trucks account. from five to four years, and the estimated salvage value was increased to $2,550. Recorded annual straight-line depreciation on the truck. 2018 Dec. 31 Recorded annual straight-line depreciation on the truck. Dec. 31 Sold the truck for $5,400 cash. Required 1-a. Calculate depreciation for year 2017 1-b. Calculate book value and gain (loss) for sale of Truck on December, 2018. 1-c. Prepare journal entries to record these transactions and events Complete this question by entering your answers in the tabs below. Required 1A Required 18 Required 1C

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