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Cullumber Company purchased a delivery truck for $24,000 on January 1 2022 The truck has an expected salvage value of $1,000, and is expected to
Cullumber Company purchased a delivery truck for $24,000 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 a years. Actual miles driven were 12,000 in 2022 and 10.000 in 2023 (a1) Your answer is correct. Calculate depreciable cost per mile under units-of-activity method. (Round answer to 2 decimal places, eg: 0.50.) Depreciable cost S 23 per mile e Textbook and Media List of Accounts Attempts: 1 of 3 used (22) 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. Depreciation Expense 2022 2023 Straight-line method $ 1437.5 $ 2875 (2) Units-of-activity method S $ (3) Double-declining-balance method $ $ e Textbook and Media
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