Prior to adjustment at the end of the year, the balance in Trucks is $293,124 and the balance in Accumulated Depreciation-Trucks is 5101,530. Detalls of the subsidiary tedper are as follows: Truck No. Cost 1 576.065 50,605 Estimated Residual Value Useful Life $14,590 245,900 miles 6.220 295,000 miles 13,590 201,400 miles 22,810 241,500 miles Accumulated Depreciation at Miles Operated Beginning of Year During Year 21,000 miles $14.430 33.900 miles 61.850 7,900 miles 25,250 22.500 miles 2 3 76.024 4 90.430 A. 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 B. Joumaile the entry on Dec. 31 to record depreciation for the year. Aeter to the Chart of Accounts for exact wording of account seles, A. Determine the depreciation rates per me and the amount to be credited to the accumulated depreciation section of each of the subsidiary accounts for the mies operated during the current year Truck No Rate per Mile Miles Operated Credit to Accumulated Depreciation 1 $ 21,000 $ 2 33.900 3 7.900 4 22.500 Total B. Joumaize the entry on Dec 31 to record depreciation for the year. Refer to the Chart of Accounts for exact wording of account los. PAGE JOURNAL ACCOUNTING EQUATION DATE POSTREK DEBIT CT ASSETS DESCRIPTION Adjusting Entries LIABILITIES CQUITY 1 2