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Yoshi Company completed the following transactions and events involving its delivery trucks. Year 1 January 1 Paid $20,515 cash plus $1,635 in 5a1es tax for

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Yoshi Company completed the following transactions and events involving its delivery trucks. Year 1 January 1 Paid $20,515 cash plus $1,635 in 5a1es 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 truck's estinated 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 December 31 Reconded annua1 straight-1ine depreciation on the truck. Decenber 31 sold the truck for is, 6e0 cash. Required: 1-o. Caiculate depreciation for Year? 1-b. Calculate book value and gain (loss) for sale of Truck on December 31, Year3 1-c. Prepare journal entries to record these transactions and events Complete this question by entering your answers in the tabs below. Complete this question by entering your answers in the tabs below. Calculate depreciation for Year 2. Complete this question by entering your answers in the tabs below. Calculate book value and gain (loss) for sale of Truck on December 31, Year 3. Journal entry worksheet 2345 Record the total cost of the new delivery truck. Notes Enter debits before credits. Journal entry worksheet Record the year-end adjusting entry for the depreciation expense of the delivery truck. Notet Enter debits before credis: Journal entry worksheet Record the year-end adjusting entry for the depreciation expense of the delivery truck. Noke; Enter debita belore oredits. Journal entry worksheet Record the year-end adjusting entry for the depreciation expense of the delivery truck. Wote: Inter dechith before creditn. Journal entry worksheet

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