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for b1! Current Attempt in Progress Blue Spruce Corp, purchased a delivery truck for $44,000 on January 1, 2022. The truck has an expected salvage
for b1!
Current Attempt in Progress Blue Spruce Corp, purchased a delivery truck for $44,000 on January 1, 2022. The truck has an expected salvage value of $ 11,000, and is expected to be driven 100.000 miles over its estimated useful life of 8 years. Actual miles driven were 16,700 in 2022 and 10,600 in 2023 (al) Your answer is correct Calculate depreciable cost per mile under units of activity method (Round answer to 2 decimal places, es. 0.50) Depreciable costs 33 per mile eTextbook and Media List of Accounts Artrinlimited (a2) Your answer is correct Compute depreciation expense for 2022 and 2023 using (1) the straight-line method, (2) the units-of-activity method, and (3) the double-declining balance method Depreciation Expense 2022 2023 (1) Straight-line method 4125 $ 4125 (2) Units-of-activity method S 5511 $ 3498 (3) Double-declining balance method 11000 $ 3250 eTextbook and Media List of Accounts Attempts: unlimited (61) Assume that Blue Spruce uses the straight-line method. Prepare the journal entry to record 2022 depreciation expense. (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 for the amounts.) Account Titles and Explanation Debit Credit e Textbook and Media List of Accounts Sive for Later Attempts: unlimited Submit Answer Question Part Score --/0.75 Step by Step Solution
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