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Question 1 of 2 2.08/5 1 Show Attempt History Current Attempt in Progress Ayayal Company purchased a delivery truck for $25.000 on January 1, 2022

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Question 1 of 2 2.08/5 1 Show Attempt History Current Attempt in Progress Ayayal Company purchased a delivery truck for $25.000 on January 1, 2022 The trucks an expected salvage value of $1.000 and is expected to be driven 100.000 miles over its estimated useful life of 10 years. Actual miles driven were 12,000 in 2022 and 10,000 in 2023 (1) Your answer is correct. Calculate depreciation expense permite under units-of-activity method (Round answer to 2 decimal places, s. 0.50 Depreciation expense $ per mile eTextbook and Media Question 1 of 2 2.08/5 E Your answer is partially correct. Compute depreciation expense for 2022 and 2023 using (t) the straight-line method. (2) the units-of-activity method, and (3) the double-declining balance method. (Round depreciation cost per unit to 2 decimal places as 0.50 and depreciation rate to decimal places, s. 15%. Round final answers to decimal places es 2.125) Depreciation Expense 2022 2023 (1) Straight line method 5 2400 2400 12) Units-of-activity method 2880 $ 2000 131 Declining balance method $ e Textbook and Media List of Accounts Question 1 of 2 > 2.08/5 (61) Assume that Aoyal uses the straight-ne method Prepare the journal entry to record 2022 depreciation List aldetitie before credit entries Credit account is one outomatically indented when amount is entered Docotindent molt entry select "No Entry for the accounties and enter for the amounts) Account Tities and Explanation Debit Credit e Textbook and Media List of Accounts Sve for later Attempts: 0 of 5 used Submit G 72" Mostly ENG D 3:04 AM an Question 1 of 2 2.08/5 (52) Assume that Ayaval uses the straight line method. Show how the truck would be reported in the December 31.2002 balance sheet AYAYAI COMPANY Partial Balance Sheet e Textbook and Media List of Accounts 721 EDAM

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