Depreciation by units of activity Method Prior to adjustment at the end of the year, the balance in Trude is $406,800 and the balance in Accumulated Depreciation --Truids $120,500 Details of the subsidiary ledger are as follows: Accumulated Estimated Estimated Depreciation Operated Truck Residunt Useful at Beginning During Cout Value uite of Year Year 1 1,500 $17,675 200,000 miles 30,000 miles 2 110,300 103,956 400,000 $23,260 40,000 3 93,500 13,090 210,000 574,000 21,600 4 112,500 13,500 320,000 $22,500 38,400 No. a. Determine for each truck the depreciation rate per mile and the amount to be credited to the accumulated depreciation section of each bary account for the miles operated during the current year. Keep in mind that the depreciation take cannot reduce the took value of the truck below its unite Round the rate per mile to two decimal place. Enter all walues as positive amounts Rate per Mile (in cents) Miles Operated Credit to Accumulated Depreciation Truck No. 1 30,000 40,000 CO Won M commentaigmentinin dovertakeng mentionLoctor progressefale 3 3,500 112,500 13,090 19,500 216,000 370,000 574,100 122,500 21,600 38,400 .. Determine for each truck the depreciation rate per me and the amount to be credited to the accumulated depreciation section of each studiary account for the miles operated during the current year. Keep in mind that the depreciation taken cannot reduce the book value of the truck below its residust value Hound the rate per mile to two decimal places, Enter all values as positive amount Ratg per Nile (in cents) Credit to Accumulated Depreciation Miles Operated 30,000 Truck No. 1 2 40,000 21,600 38,400 Total b. Journance the entry to record depreciation for the year, Previous Depreciation by units of activity Method Prior to adjustment at the end of the year, the balance in Trude is $406,800 and the balance in Accumulated Depreciation --Truids $120,500 Details of the subsidiary ledger are as follows: Accumulated Estimated Estimated Depreciation Operated Truck Residunt Useful at Beginning During Cout Value uite of Year Year 1 1,500 $17,675 200,000 miles 30,000 miles 2 110,300 103,956 400,000 $23,260 40,000 3 93,500 13,090 210,000 574,000 21,600 4 112,500 13,500 320,000 $22,500 38,400 No. a. Determine for each truck the depreciation rate per mile and the amount to be credited to the accumulated depreciation section of each bary account for the miles operated during the current year. Keep in mind that the depreciation take cannot reduce the took value of the truck below its unite Round the rate per mile to two decimal place. Enter all walues as positive amounts Rate per Mile (in cents) Miles Operated Credit to Accumulated Depreciation Truck No. 1 30,000 40,000 CO Won M commentaigmentinin dovertakeng mentionLoctor progressefale 3 3,500 112,500 13,090 19,500 216,000 370,000 574,100 122,500 21,600 38,400 .. Determine for each truck the depreciation rate per me and the amount to be credited to the accumulated depreciation section of each studiary account for the miles operated during the current year. Keep in mind that the depreciation taken cannot reduce the book value of the truck below its residust value Hound the rate per mile to two decimal places, Enter all values as positive amount Ratg per Nile (in cents) Credit to Accumulated Depreciation Miles Operated 30,000 Truck No. 1 2 40,000 21,600 38,400 Total b. Journance the entry to record depreciation for the year, Previous