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Prepare journal entries to record these transactions, ICredl occount titler are automatically indented when amount is entered. Do not indent manually. If no entry is

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Prepare journal entries to record these transactions, ICredl occount titler are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the occount tilles and enter O for the amounts) (a) Blossom Company retires its delivery equipment, which cost $50,070. Accumulated depreciation is also $50.070 on this . delivery equipment. No salvage value is received. (b) Assume the same information as in part (a), except that accumulated depreciation for the equigment is $37.860 instead of 50,070 . Oriole Taxi Service uses the units-of-activity method in computing depreciation on its taxicabs, Each cab is expected to be driven 163,000 miles. Taxi 10 cost $32,800 and is expected to have a salvage value of $200. Taxi 10 was driven 37,000 miles in 2021 and 32,500 milesin 2022 (a) Determine the depreciation cost. (Round answer to 2 decimal places, eg. 1.25.) Depreciablecast perunit eTextbook and Media Attemptsi 0 of 3 used

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