ACCOUNTING QUESTION b2

Assume that Ayayai uses the straight-line method. Show how the truck would be reported in the December 31,2022 , balance sheet. Assume that Ayayai uses the straight-line method. Show how the truck would be reported in the December 31, 2022, balance sheet. Ayayai Company purchased a delivery truck for $25,000 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 12,000 in 2022 and 10,000 in 2023. (a1) Calculate depreciation expense per mile under units-of-activity method. (Round onswer to 2 decimal places, e.g. 0.50.) Depreciation expense $ permile