Problem 10-5A Computing and revising depreciation; selling plant assets LO C2, P1, P2 Yoshi Company completed the following transactions and events involving its delivery trucks 2016 Jan. 1 Paid $22,015 cash plus $1,635 in Dec. 31 Recorded annual straight-line depreciation on the truck 2017 Dec. 31 Due to nev information obtained earlier in the year, the truck's estimated useful life was changed from five to sales tax for a nev delivery truck estimated to have a five-year life and a truck costs ar recorded in tho Trucks account S2,300 salvage value. Delivery four years, and the estimated salvage value was increased to $2,700. 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 $5,600 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