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Oriole Company purchased a delivery truck for $42,000 on January 1,2022 . The truck has an expected salvage value of $10,000, and is expected to

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Oriole Company purchased a delivery truck for $42,000 on January 1,2022 . The truck has an expected salvage value of $10,000, and is expected to be driven 100,000 miles over its estimated useful life of 8 years. Actual miles driven were 12,800 in 2022 and 12,000 in 2023. Your answer is correct. Calculate depreciable cost per mile under units-of-activity method. (Round answer to 2 decimal ploces, es. 0.50) Depreciable cost 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. Assume that Oriole uses the straight-line method, Prepare the journal entry to record 2022 depreciation. (Credit account titles are outomatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry f for the occount titles and enter ofor the amounts.) Assume that Oriole uses the straight-line method. Show how the truck would be reported in the December 31, 2022, balance sheet

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