Prior to adjustment at the end of the year, the balance in Trucks is $397,700 and the balance in Accumulated Depreciation-Trucks is $121,440. Details of the subsidiary ledger are as follows: Accumulated Miles Estimated Operated Estimated Depreciation Residual Useful During Truck at Beginning of Year No. Cost Value Life Year $12,450 31,500 miles 1 $83,000 210,000 miles $23,440 2. 117,200 14,064 390,000 39,000 220,000 $78,000 97,500 13,650 22,000 100,000 12,000 $20,000 4 420,000 50,400 a. Determine for each truck the depreciation rate per mile and the amount to be credited to the accumulated depreciation section of each subsidiary account for the miles operated during the current year. Keep in mind that the depreciation taken cannot reduce the book value of the truck below its residual value. Round the rate per mile to two decimal places. Enter all values as positive amounts. Credit to Rate per Mile Miles Accumulated Operated Depreciation Truck No. (in cents) 1 31,500 $ $ 2 39,000 $ 3 22,000 $ $ 50,400 $ Total b. Journalize the entry to record depreciation for the year