The following transactions and adjusting entries were completed by Super Swift, a local delivery company. The company uses straight-line depreciation for delivery vehicles, double-declining balance depreciation for buildings, and straight-line amortization for franchise rights. 

January 2, 2016 Paid $75,000 cash to purchase a small warehouse building near the airport; building has an estimated life of 20 years and a residual value of $15,000 

July 1, 2016 Paid $40,000 cash to purchase a delivery van; van has an estimated useful life of five years, and a residual value of $8,000 

October 2, 2016 Paid $400 cash to paint a small office in the warehouse building 

October 13, 2016 Paid $150 cash to get the oil changed in the delivery van 

December 1, 2016 Paid $60,000 cash to Clairmont Parcel Service (CPS) to begin operating a Super Swift business as a franchise using the name The CPS Store; this franchise right expires in five years 

December 31, 2016 Recorded depreciation and amortization on the delivery van, warehouse building, and franchise right 

June 30, 2017 Sold the warehouse building for $64,000 cash (Record the depreciation on the building prior to recording its disposal.) 

December 31, 2017 Recorded depreciation on the delivery van and amortization on the franchise right; determined that the franchise right was not impaired in value 

Required: 

Give the journal entries required on each of the above dates.