Exercise 9-7 Linton Company purchased a delivery truck for $30,000 on January 1, 2017. The truck has an expected salvage value of $2,600, and is expected to be driven 102,000 miles over its estimated useful life of 10 years. Actual miles driven were 12,000 in 2017 and 12,000 in 2018. Calculate depredation expense per mile under units-of-activity method. (Round answer to 2 declmal place e.g. 0.52.) Depreciation expense per mile SHOW LIST OF ACCOUNTS LINK TO TEXT 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 o decimal places, e.g. 15%. Round final answers to 0 decimal places, e.g. 2,125.) Depreciation Expense 2018 2017 (1) Straight-line method (2) Units-of-activity method $ (3) Double-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, If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts Round answers to 0 declmal places, e.g. 2,125.) Account Titles and Explanation Debit Credit SHOW LIST OF ACCOUNTS LINK TO TEXT 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