Part 1. Calculate depreciation in the following cases. 1. La Rosa del Monte has a moving truck that does the big moves in the Miami area and at the end of the year has a balance of $88,250 with accumulated depreciation of $12,230. He also has a small truck that he uses in the Orlando area for $43,760 with accumulated depreciation of $7,120. a. Determine what the depreciation is for each truck using the depreciation by units of activity method. Accumulated Estimated depreciation Estimated Truck Cost Residual Value at the useful life Miles used in the year beginning of the year 230,000 Big truck $88,250 $17,000 $12,230 32,000 miles 280,000 small truck 43,760 6,500 7,120 27,300 miles 2. A gaming computer costs $3,850 with a residual of 800 and an estimated useful life of 5 years. a. Calculates annual depreciation using the straight-line depreciation method. b. Make journal entries. 3. A refrigerator in a cafeteria with a useful life of 8 years cost $5,250 and has no residual. a. Calculates depreciation using the straight-line depreciation method and the declining balance method. b. Make journal entries for each depreciation method. 4. A sewing machine in a textile factory was purchased for $223,000, has an estimated residual of $22,000, and a useful life of 38,000 hours. It was used in the year for 4,200 hours. a. Calculate the depreciation in the year with the depreciation method per units produced, the depreciable cost and the depreciation rate.