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Monty Corp. purchased a delivery truck for $34,000 on January 1, 2022. The truck has an expected salvage value of $4.000, and is expected to be driven 100,000 miles over its estimated useful life of 8 years. Actual miles driven were 14,100 in 2022 and 14.000 in 2023 Assume that Monty uses the straight-line method. Show how the truck would be reported in the December 31, 2022, balance sheet Monty Corp. Partial Balance Sheet $ In recent years, Monty Company has purchased three machines. Because of frequent employee turnover in the accounting department, a different accountant was in charge of selecting the depreciation method for each machine, and various methods have been used. Information concerning the machines is summarized in the table below. Machine 1 2 3 Acquired Jan 1, 2020 July 1, 2021 Nov. 1, 2021 Cost $ 98,600 90,500 Salvage Value $ 15,000 10,500 7,500 Useful Life (in years) 8 5 6 Depreciation Method Straight-line Declining-balance Units-of-activity 77,500 For the declining balance method, Monty Company uses the double-declining rate. For the units-of-activity method, total machine hours are expected to be 35,000. Actual hours of use in the first 3 years were 2021.900; 2022.5.000; and 2023.7.000. If machine 2 was purchased on April 1 instead of July 1, what would be the depreciation expense for this machine in 2021? In 20222 (2) 2022 2021 Depreciation expense