Prior to adjustment at the end of the year, the balance in Trucks is $182,600 and the balance in Accumulated Depreciation—Trucks is $75,500. Details of the subsidiary ledger are as follows:

a. Determine the depreciation rates per mile and the amount to be credited to the accumulated depreciation section of each of the subsidiary accounts for the miles operated during the current year.
b. Journalize the entry to record depreciation for theyear.

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Estimated Residual Value Accumulated Depreciation at Beginning of Year Miles Operated During Year Estimated Truck No Useful Cost Life $68,000 48,600 38,000 28,000 $8,000 6,600 3,000 4,000 300,000 miles 200,000 200,000 120,000 $27,000 39,900 40,000 miles 2 12,000 36,000 21,000 8,050 4