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ES Question 3 Bridgeport Company purchased a delvery truck for $27,000 on January 1, 2020. The trudkhas an expected salvage value of $1,500, and is
ES Question 3 Bridgeport Company purchased a delvery truck for $27,000 on January 1, 2020. The trudkhas an expected salvage value of $1,500, and is expected to be driven 102,000 miles over its estimated useful life of 10 years. Actual mins driven were 12,000 in 2020 and 14,300 in 2021. Calculate depreciation expense per mile under units-of-activity method. (Round answer to 2 decimal places, e.g. O.SO.) Deprecation expense 0.25 permite $ SHOW LIST OF ACCOUNTS compute depreciation expenser for 2020 and 2021 using (1) the straight line method, (2) he units-of-activity method, and (3) the double-dedining balance method. (Round depreciation cost unit to 2 decimal places, ..0.50 and depreciation rate to deal places, e.g. 159. Round final answers to decimal places, 42,125.) Depreciation Expense 2020 2021 (1) straight-line method 2550 2550 S (2) Units-of-activity method 3200 3575 5 $ (3) Declining-balance method 5400 4320 $
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