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Exercise 10-7 useful life of 9 years. Actual miles driven were 13,800 in 2017 and 10,200 in 2018 Calculate depreciation expense per mile under units-of-activity

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Exercise 10-7 useful life of 9 years. Actual miles driven were 13,800 in 2017 and 10,200 in 2018 Calculate depreciation expense per mile under units-of-activity method. (Round answer to 2 decimal places, e.g. o.so.) Depreciation expense per mile Compute depreciation expense for 2017 and 2018 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.g. 0.50 and depreciation rate to 0 decimal places, e.g. 15%. Round final answers to 0 decimal places, e.g. 2,12 Depreciation Expense 2017 2018 (1) Straight-line method (2) Units of-sctivity method s (3) Declining-balance method Assume that Linton uses the straight-line method. Prepare the journal entry to record 2017 depreciation. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Ifno entry is required, select "No Entry" for the account titles and enter O for the amounts. Round answers to 0 decimal places, e.g. 2,125.) Account Titles and Explanation Debit Credit Assume that Linton uses the straight-line method. Show how the truck would be reported in the December 31, 2017, balance sheet. (Round answers to 0 decimal places, e.g. 2,125) LINTON COMPANY Partial Balance Sheet

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