Yoshi Company completed the following transactions and events involving its delivery trucks. Year 1 Jan. 1 Paid $22,015 cash plus $1,705 in salon tax for a new delivery truck estimated to have a tive-year lite and a $2,000 salvage value. Delivery truck costs are recorded in the Truck's account. Dec. 31 Recorded annual straight-line depreciation on the truck. Year 2 Dee. 31 The truck's estimated useful life was changed from five to four years, and the estimated malvage value was increased to $2.550. Recorded annual straight-line depreciation on the truck. Year 3 Dec. 31 Recorded annual straight-line depreciation on the truck. Dec. 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. Complete this question by entering your answers in the tabs below. Required 1A Required 1B Required 10 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 0 Required Required 1B > Year 1 Jan. 1 Paid $22,015 cash plus $1,785 in sales tax for a new delivery truck estimated to have a five-year life and 12,000 salvage value. Delivery truck coats are recorded in the Truek account. Dec. 31 Recorded annual straight-line depreciation on the truck. Year 2 Dec. 31 The truck' estimated useful life was changed from five to four years, and the estimated salvage value van Increased to $2,550. Recorded annual straight-line depreciation on the truck. Year 3 Dec. 31 Recorded annual straight-line depreciation on the truck. Dec. 31 Sold the truck for $5,300 cash. Required: 1-a. Calculate depreciation for Year 2. 1-6. 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. Complete this question by entering your answers in the tabs below. Required 1A Required 1B Required 10 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 Book value of truck at 12/31/Year 3 Total cost Accumulated depreciation Book value 12/31/Year 3 Year 1 Jan. 1 Paid $22,015 cash plus $1,785 in sales tax for a new delivery truek estimated to have a five-year life and a $2,000 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 $2,550. Recorded annual straight-line depreciation on the truck. Year 3 Dec. 31 Recorded annual straight-line depreciation on the truck. Dec. 31 sold the truck for $5,300 canh. 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. Complete this question by entering your answers in the tabs below. Required IA Required 18 Required 10 Prepare journal entries to record these transactions and events. Vlow transaction list Journal entry worksheet Year 1 1 Paid $22.015 cash plus $1.785 in sales tax for a new delivery truck estimated to have tive-year life and $2,000 salvage value. Delivery truck coats are recorded in the Trucke 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 $2,550. Recorded annual straight-line depreciation on the truck. Year 3 Dec. 31 Recorded annual straight-line depreciation on the truck. Dec. 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. Complete this question by entering your answers in the tabs below. Required 1A Required 18 Required 10 Prepare journal entries to record these transactions and events. View transaction list Journal entry worksheet Year 1 Jan. 1 Paid $22.015 cash plus 31.785 in sales tax for a new delivery truck estimated to have a five-your life and $2,000 salvage value. Delivery truck coats are recorded in the Trucks acount. Dec. 31 Recorded annual straight-line depreciation on the truck. Year 2 Dec. 31 The truck's estinated useful life wan changed from five to four years, and the estimated naivae value was Increased to $2,550. Recorded annual straight-line depreciation on the truck. Year 3 Dec. 31 Recorded annual straight-line depreciation on the truck. Dec. 31 sold the truck for $5,300 canh. Required: 1-a. Calculate depreciation for Year 2. 1-6. 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. Complete this question by entering your answers in the tabs below. Required 1A Required 18 Required IC Prepare journal entries to record these transactions and events. View transaction list Journal entry worksheet Record the year-end adjusting entry for the depreciation expense of the delivery truck Notes Enter debits before credits General Journal Debit Credit Date Dec 31, Year 2 Year 1 Jan. 1 Paid $22,015 cash plum 51,785 in sales tax for a new delivery truck estimated to have a five-year life and $2,000 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 tive to four years, and the estimated malvage value was increased to $2,550. Recorded annual straight-line depreciation on the truck. Year 3 Dec. 31 Recorded annual straight-line depreciation on the truck. Dec. 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. Complete this question by entering your answers in the tabs below. Required 1A Required 18 Required 10 Prepare journal entries to record these transactions and events. View transaction list Journal entry worksheet 3. 5 Record the year-end adjusting entry for the depreciation expense of the delivery truck. Note: Enter debits before credits Date Credit General Journal Debit Dec 31, Year 3 Year 1 Jan. 1 Paid $22,015 cash plus 51,765 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 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 $2,550. Recorded annual straight-line depreciation on the truck. Year 3 Dec. 31 Recorded annual straight-line depreciation on the truck. Dec. 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. Complete this question by entering your answers in the tabs below. Required 1A Required 16 Required 10 Prepare journal entries to record these transactions and events. View transaction list Journal entry worksheet