ANSWER ASAP PART 3

ery Puck for $50,000 on January 1, 2016. The truck was assigned an estimated useful life of 100,000 miles and has a residual value of $10,000. The truck was driven 18,000 miles in 2016 and 22,000 miles in 2017. Compute depreciation expense using the units-of-activity method for the years 2016 and 2017. Part3: Assume Al-Ghamdi Company decided to sell the truck after the second year 2017 Prepare the journal entries to record the sales of the truck according to the following situations: a. The truck was sold at the end of 2017 for $35,000. b. The truck was sold at the end of 2017 for $30,000