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Assume that Novak uses the straight-line method. Prepare the journal entry to record 2022 depreciation. (Ulst all debit entries before credit entries. Credit occount thtes

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Assume that Novak uses the straight-line method. Prepare the journal entry to record 2022 depreciation. (Ulst all debit entries before credit entries. Credit occount thtes are automatically Indented when amount is entered. Do not Indent manually. If no entry is required, select "No Entry" for the account titles ond enter Ofor the omounts) Novak Company purchased a delivery truck for $27,000 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 13,400 in 2022, and 13,900 in 2023. 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 depreciotion cost per unit to 2 declmal ploces, ez.0,50 and depreclatlon rate to 0 decimat places, eg. 15\%. Round final answers to 0 decimal ploces, eg 2,125.)

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