Prior to adjustment at the end of the year, the balance in Trucks is $304,620 and the balance in Accumulated Depreciation-Trucks is $101,500. Details o the subsidiary ledger are as follows: Estimated Accumulated Depreciation at Beginning of Year Miles Operated During Year 20,900 33,700 8,100 22,500 Truck No Useful Life 255,000 miles 300,000 miles 201,000 miles 240,000 miles Cost Residual Value $76,700 $15,500 59,900 77,320 90,700 5,900 2 3 4 $13,790 62,290 25,420 13,000 23,500 Required: 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. Journalize the entry to record depreciation for the year. Refer to the Chart of Accounts for exact wording of account titles A. Determine the depreciation rates per mile and the amount to be credited to the accumulated depreciation section of each of the subsidiary accou the miles operated during the current year Truck No. Rate per Mile Miles Operated 20,900 33,700 8,100 22,500 Credit to Accumulated Depreciation 4 Total