Estimated Estimated Depreciation Truck Residual No. Cost Value Useful Life at Beginning of Year Accumulated Miles Operated During Year 1 $80,000 $12,000 210,000 miles 31,500 miles 2 112,700 13,524 410,000 $22,540 41,000 3 94,500 13,230 219,000 75,600 21,900 4 115,000 13,800 290,000 23,000 34,800 a. Determine for each truck the depreciation rate per mile and the amount to be credited to the accumulated depreciation section of each subsidia mind that the depreciation taken cannot reduce the book value of the truck below its residual value. Round the rate per mile to two decimal pla Credit to Rate per Mile Truck No. (in cents) Miles Operated Accumulated Depreciation 1 0.32 31,500 10,080 2 0.24 41,000 9,840 0.37 21,900 8,103 X 0.35 V 34,800 12,180 V Total 40,203 X