Prior to adjustment at the end of the year, the balance in Trucks is $275,900 and the balance in Accumulated DepreciationTrucks is $91,350. Details of the subsidiary ledger are as follows:

Truck #, Cost, Est. Residual Value, Estimated Useful Life, Accum. Dep. @ Beg of Year, Miles Operated During Year 1. 78,000, 15,000, 200,000 miles, -------- 19,500 miles 2. 38,000, 3,000, 200,000 miles, 8,050, 36,000 miles 3. 72,900, 9,900, 300,000 miles, 60,900, 25,000 miles 4. 90,000, 20,000 , 250,000 miles , 22,400, 26,000 miles

a. Using the units-of-production method, determine the depreciation rates per mile and the amount to be credited to the accumulated depreciation section of each of the subsidiary accounts for the miles operated during the current year. If required, round your answer to the nearest cent.

Truck #, Rate per mile (in cents), Miles Operated , Credit to Accumulated Depreciation

1 .3, 19,500, 5,850

2 .175, 36,000, 6,300

3. 21, 25,000, 2100

4. 28, 26,000, 7,280

TOTAL= 21530

b. Journalize the entry to record depreciation for the year.

1.

2.