1) Kirkland Beverage Company owns a delivery truck with an original cost of $50,000 and an accumulated depreciation balance of $20,000. The estimated residual value is $4,000. Consider each of the independent situations below and present the required journal entry to record the sale or disposal of the truck, using proper format. Sold for $30,000 2) Kirkland Beverage Company owns a delivery truck with an original cost of $50,000 and an accumulated depreciation balance of $20,000. The estimated residual value is $4,000. Consider each of the independent situations below and present the required journal entry to record the sale or disposal of the truck, using proper format. Sold for $26,000 3) Kirkland Beverage Company owns a delivery truck with an original cost of $50,000 and an accumulated depreciation balance of $20,000. The estimated residual value is $4,000. Consider each of the independent situations below and present the required journal entry to record the sale or disposal of the truck, using proper format. Sold for $34,000 4) Kirkland Beverage Company owns a delivery truck with an original cost of $50,000 and an accumulated depreciation balance of $20,000. The estimated residual value is $4,000. Consider each of the independent situations below and present the required journal entry to record the sale or disposal of the truck, using proper format. Is totaled in a collision with no scrap value and no insurance (no proceeds will be received)