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Question 16 of 25 -/8 View Policies Current Attempt in Progress Flint Company purchased a delivery truck for $29.000 on January 1, 2022. The truck
Question 16 of 25 -/8 View Policies Current Attempt in Progress Flint Company purchased a delivery truck for $29.000 on January 1, 2022. The truck has an expected salvage value of 2,740, and is expected to be driven 101,000 miles over its estimated useful life of 10 years. Actual miles driven were 16,600 in 2022 and 13.100 in 2023 Calculate depreciation expense per mile under units-of-activity method. (Round answer to 2 decimal places, es. 0.500 Depreciation expenses per mile eTextbook and Media List of Accounts Compute depreciation expense for 2022 and 2023 using (1) the straight-line method. (2) the units-ot-activity method and (3) the double declining balance method. (Round depreciation cost per unit to 2 decimal places es 0.50 and depreciation rate to decimal places, e8, 15% Round final answers to decimal places. e. 2,125.) Depreciation Expense 2022 2023 (1) Straight-line method 2626 5353 (21) Units of activity method estion 16 of 25 MUUTOV Depreciation Expense 2022 2023 (1) Straight-line method $ 2626 $ 5252 (2) ) Units-of-activity method $ $ (3) Declining-balartce method $ $ $ e Textbook and Media List of Accounts Assume that Flint uses the straight-line method. Prepare the journal entry to record 2022 depreciation (List all debit entrie credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is requi select "No Entry" for the account titles and enter for the amounts.) Account Titles and Explanation Debit Credit
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