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Exercise 10-07 a 1-b2 Bramble Company purchased a delivery truck for $28,000 on January 1, 2020. The truck has an expected salvage value of $1,750, and is expected to be driven 105,000 miles over its estimated useful life of 10 years. Actual miles driven were 13,300 in 2020 and 11,300 in 2021. Calculate depreciation expense per mile under units-of-activity method. (Round answer to 2 decimal places, e.g. 0.50.) Depreciation expense per mile Compute depreciation expense for 2020 and 2021 using (1) the straight-line method, (2) the units-of-activity method, and (3) the double-declining-balance method. (Round depreciation cost per unit to 2 decimal places, e.g. 0.50 and depreciation rate to o decimal places, e.g. 15%. Round final answers to 0 decimal places, e.g. 2,125.) Depreciation Expense 2020 2021 (1) Straight-line method $ $ (2) Units-of-activity method (3) Declining-balance method Assume that Bramble uses the straight-line method. Prepare the journal entry to record 2020 depreciation. (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 o for the amounts. Round answers to 0 decimal places, e.g. 2,125.) Account Titles and Explanation Debit Credit Assume that Bramble uses the straight-line method. Show how the truck would be reported in the December 31, 2020, balance sheet. (Round answers to o decimal places, e.g. 2,125.) BRAMBLE COMPANY Partial Balance Sheet Accounts Payable Accounts Receivable Accumulated Depletion Accumulated Depreciation-Buildings Accumulated Depreciation Equipment Accumulated Depreciation-Timberland Advertising Expense Allowance for Doubtful Accounts Amortization Expense Bad Debt Expense Buildings Cash Coal Mine Cost of Goods Sold Depletion Expense Depreciation Expense Equipment Franchises Freight-In Gain on Disposal of Plant Assets Goodwill Insurance Expense Interest Expense Interest Payable Interest Receivable Interest Revenue Inventory Land License Expense Loss on Disposal of Plant Assets Machine Maintenance and Repairs Expense Miscellaneous Expense No Entry Notes Payable Notes Receivable Ore Mine Other Operating Expenses Owner's Capital Owner's Drawings Patents Prepaid Insurance Rent Revenue Research and Development Expense Salaries and Wages Expense Salaries and Wages Payable Sales Revenue Timberland Unearned Rent Revenue