During the current year, LLC Corporation purchased $20$ new delivery trucks at a cost of $$54,000$ per vehicle. The company expects to utilize the trucks until they reach $100,000$ miles, at which point they will sell the trucks for an estimated $$13,000.$ Depreciation expense on automobiles is calculated the units$-$of$-$output method based on mileage.

Instructions:

a$)$ Compute the amount of depreciation to be recognized for each mile that a rental

automobile is driven.

b$)$ Assuming that the trucks are driven a combined total of $925,000$ during the current year, $(1)$ compute the total amount of depreciation expense to be recorded, and $(2)$ provide the journal entry