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View Policies Show Attempt History Current Attempt in Progress Swifty Company purchased a delivery truck for $26.000 on January 1, 2022. The truck has an expected salvage value of $1.000, and is expected to be driven 100,000 miles over its estimated useful life of 10 years. Actual miles driven were 12,800 in 2022 and 12.000 in 2023. (a 1) Your Answer Correct Answer (Used) Calculate depreciation expense per mile under units of activity method (Round answer to 2 decimal places, ex. 0.50 Depreciation expense s 0.25 per mile 0/1.5 Question Part Score Question Part Score 0/15 (2) Compute depreciation expense for 2022 and 2023 using (1) the straight-line method. (2) the units-of-activity method, and (3) the double-declining balance method. (Round depreciation cost per unit to 2 decimal places, es 0.50 and depreciation rate to decimal places es 15%. Round final answers to decimal places, s. 2.125) Depreciation Expense 2022 2023 (1) Straight line method $ S (2) $ $ Units-of-activity method 13) $ $ Declining-balance method e Textbook and Media Solution Question Part Score -/15 (61) Assume that Swifty uses the straight-line method. Prepare the journal entry to record 2022 depreciation. (List al debit entries before credit entries. Credit account tities are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter Ofor the amounts) Account Titles and Explanation Debit Credit e Textbook and Media List of Accounts Attempts: 0 of 1 used Sub Ar (b2) Assume that Swifty uses the straight line method. Show how the truck would be reported in the December 31, 2022, balance sheet. SWIFTY COMPANY Partial Balance Sheet $ $ e Textbook and Media List of Accounts