DIG Weygandt, Accounting Principles, 13e Hel System Announcements Exercise 10-07 a1-b2 Pronghorn Company purchased a delivery truck for $26,000 on January 1, 2020. The truck has an expected salvage value of $1,280, and is expected to be driven 103,000 miles over its estimated useful life of 10 years. Actual miles driven were 12,700 in 2020 and 10.200 in 2021. Calculate depreciation expense per mile under units-of-activity method. (Round answer to 2 decimal places. e.. 0.50.) Depreciation expense S per mile SHOW LIST OF ACCOUNTS LINK TO TEXT Compute depreciation expense for 2020 and 2021 using (1) the straight-line method, (2) the units of activity method, and (3) the double-declining-balance method. (Round depreciation cost per unit to 2 decimal places, e.o. 0.50 and depreciation rate to o decimal places, e.g. 15%. Round final answers to O decimal places, 0.0.2.125.) Depreciation Expense 2020 2021 (1) Straight-line method (2) Units-of-activity method (3) Declining balance method SHOW LIST OF ACCOUNTS LINK TO TEXT SPM 0 A6 2120 = a H N ogelit/main.uni PLUS LU Weygandt, Accounting Principles, 13e Help System Announcements SOURCES ing Assume that Pronghorn uses the straight-ne method. Prepare the journal entry to record 2020 depredation. (Credit account titles are automatically indeed when amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts. Round answers to O decimal places, e.g. 2,125.) Account Titles and Explanation Debit Credit Study SHOW UST OF ACCOUNTS Assume that Pronghorn uses the straight-line method. Show how the truck would be reported in the December 31, 2020, balance sheet. (Round answers to 0 decimal places, e.g. 2,125.) PRONGHORN COMPANY Partial Balance Sheet Click if you would like to show Work for this question: Open Show Work 332 PM o te w