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

1a. Particulars                                                        Amount

Total cost                                                               $22,000

Less: Accumulated depreciation (from 2016)$4,000

Book value                                                             $18,000

Less Revised salvage value                                  $2,400

Remaining cost to be depreciated                       $15,600

/ Years of life remaining                                         3 years

Total depreciation for 2017                                  $5,200

1b. Particulars                                                Amount

Depreciation expense (for 2016)                 4,000

Depreciation expense (for 2017)                 5,200

Depreciation expense (for 2018)                 5,200

Accumulated depreciation 12/31/2018     14,400

Book value of truck at 12/31/2018

Total cost                                 22,000

Accumulated depreciation     (14,400)

Book value 12/31/2018            7,600

Truck sold                                5,300

Loss on sale of truck              2,300

2. Date    General Journal                                        Debit$          Credit$

2016    

Jan. 1       Trucks                                                       22,000

                       Cash                                                                        22,000

Dec. 31Depreciation expense-Trucks                 4,000

                    Accumulated depreciation-Trucks                           4,000

                    (22,000 - 2,000) / 5

2017    

Dec. 31   Depreciation expense-Trucks (Note 1)     5,200

                     Accumulated depreciation-Trucks                           5,200

2018    

Dec. 31   Depreciation expense-Trucks                 5,200  

                     Accumulated depreciation-Trucks                             5,200

Dec. 31   Cash                                                          5,300  

              Accumulated depreciation-Trucks         14,400

              Loss on disposal of trucks (Note 2)        2,300

                      Trucks                                                                         22,000

a recipe serves 8 people, and calls for 5 lbs of apples and 2 cups of flour. you want to prepare it for 24 people. divide 24 by 8 to get 3, and then multiply your ingredients by 3.

so for 24 people, you'll need 15 lbs of apples, and 6 cups of flour.