Problem $8-5$A Computing and revising depreciation; selling plant assets

$C2$

P$1$

P$2$

Yoshi Company completed the following transactions and events involving its delivery trucks.

Year $1$

Jan. $1$ Paid $$20,515$ cash plus $$1,485$ 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 $$2,400.$ Recorded annual straight$-$line depreciation on the truck.

Year $3$

Dec. $31$ Recorded annual straight$-$line depreciation on the truck.

$31$ Sold the truck for $$5,300$ cash.

Dec. $31,$ Year $3$: Dr$.$ Loss on Disposal of Trucks, $$2,300$

Required

Prepare journal entries to record these transactions and events.