Exercise 10-07 a1-b2 Blue Spruce Company purchased a delivery truck for $34,000 on January 1, 2020. The truck has an expected salvage value of $1,140, and is expected to be driven 106,000 miles over its estimated useful life of 10 years. Actual miles driven were 16,300 in 2020 and 11,400 in 2021 Calculate dapreciation expense per mile under units-of-activity mathod. (Round answer to 2 decimal places, .g. 0.5o.) per mile LEST OF ACCOUNTS Compute dapreciation axpense for 2020 and 2021 using (1) tha straight-line mathod, (2) the units-of-activity mathod, and (3) the doublo-dadlining-balance mathod. (Round depreciation cost per unit to 2 decimal places, a.g.0.50 and depreciation rate to O decimal places, e.g. 15a Round final answers to O decimal places, o.g. 2,125.) () Straight-lina method (2) Units of activity method Assume traight-line method. Prepare the journal entry to record 2020 depreciation. (Credit account titles are automatically indented when amount is entered. Do not indent Edition, Custom Assume that Blue Spruce uses the straight-line mathod. Prepare the journal entry to record 2020 depreciation. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no antry is roquired, salect "No Entry" for the account titles and enter O for the amounts. Round answers to O decimal places, o.g. 2,125.) Account Titles and Explanation Debit Credit Assume that Blue Spruce uses the straight-line method. show how the truck would be reported in the December 31, 2020, balance heet. (Round answers to 0 decimal places, e.g. 2,125.) BLUE SPRUCE COMPANY Partial Balance Sheet By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor