prelecture assignment 2 chapter 9 q2

Assume that Monty uses the straight-line method. Prepare the journal entry to record 2022 depreciation. (Credit occount titles are automaticolly indented when amount is entered. Do not indent monually. if no entry is required, select "No Entry" for the occount titles and enter Ofor the amounts) Monty Corp. purchused a delivery truck for 534,000 on January 1, 2022. The truck has an expected salvage value or $4,000 and is copected to be driven 100,000 miles coer its estimated useful life of 8 years. Actual miles driven were 14,100 in 2022 and 14,000 in 2023