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

Yoshi Company completed the following transactions and events involving its delivery trucks.
Year 1
January 1 Paid $22,015 cash plus $1,785 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 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
December 31 Recorded annual straight-line depreciation on the truck.
December 31 Sold the truck for $5,400 cash.
Required:
1-a. Calculate depreciation for Year 2.
1-b. Calculate book value and gain (loss) for sale of Truck on December 31, Year 3.
1-c. Prepare journal entries to record these transactions and events.
Answer is complete but not entirely correct.
Complete this question by entering your answers in the tabs below.
Requireghif
Required 1B
Required 1C
Calculate book value and gain (loss) for sale of Truck on December 31, Year 3.
\table[[Depreciation expense (for Year 1),$,4,330],[Depreciation expense (for Year 2),,5,590],[Depreciation expense (for Year 3),,5,590],[Accumulated depreciation 1231/ Year 3,,15,510],[Book value of truck at 1231?? Year 3,,],[Total cost,$,23,800
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