Jack, a popular pizza hangout has a thriving delivery business. Jack'shsa fleet of the delivery otomoboes. Prior to meet entry for this year's depreciation expense the subsidiary leder for the feet is as follows Car Cost Salvage Value $3.000 Estimated Life in Miles Accumulated Depr.-Beg of the Year $2.520 2340 Miles Operated During Year 20.000 1 $21.000 75,000 2 18.000 2.400 60.000 22.000 3 23.500 2.500 70.000 2000 19.000 Determine the depreciation rates per mile for each car, (Round answers to 2 decimal places, s. 15.25 Car 1 5 0.24 per mile Car 2 $ 0.26 per mile Car 3 $ 0 30 per mille Determine the depreciation expense for each car for the current year. Depreciation Expense Car 1 $ 4800 Car 2 $ 5720 Car 3 $ 5700 Make one compound journal entry to record the annual depreciation expense for the fleet. (Credit account titles ore automatically indented when the 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 Tities and Explanation Debit Credit e Textbook and Media