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Current Attempt in Progress Sheridan Company purchased a delivery truck for $30,000 on January 1, 2022. The truck has an expected salvage value of $2,000,

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Current Attempt in Progress Sheridan Company purchased a delivery truck for $30,000 on January 1, 2022. The truck has an expected salvage value of $2,000, and is expected to be driven 100,000 miles over its estimated useful life of 8 years. Actual miles driven were 12,500 in 2022 and 13,900 in 2023 (a 1) Your answer is correct. Calculate depreciable cost per mile under units-of-activity method (Round answer to 2 decimal places, eg: 0.500) Depreciable cost $ 28 permite 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 (1) Straight-line method $ 26500 $ 23000 (2) Units-of-activity method $ 3500 $ 3892 (3) Double-declining-balance method $ 30000 $ 22500

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