Problem 8-5A Computing and revising depreciation; selling plant assets LO C2, P1, P2 Yoshi Company completed the following transactions and events involving its delivery trucks. liter f 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 a $2,000 salvage value. Delivery true): costs are recorded in the Tracks account. Dec. 3] Recorded annual straight-line depreciation on the truck. liter 2 Dec. 31 IThe 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. liter 3 Dec. 3] Recorded annual straight-line depreciation on the truck. Dec. 31 Sold the truck for $5,500 cash. Required: 1-a. Calculate depreciation for Year 2. Ha. Calculate book value and gain (loss) for sale of Truck on December 31. Year 3. 1-:. Prepare journal entries to record these transactions and events. Complete thls queslion by entering your amen In the halls below. Required in Required 13 Required 1C Calculate book value and gain (loss) for sale ofTruck on December 31, Year 3. Depreciation expense [for Year 1) Depreciation expense [for Year 2) Depreciation expense [for Year 3) Accumulated depreciation 12J31Near 3 Book value of tmck at 121'31Near 3 Total cost Accumulated depreciation Book value 121'31Near 3