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* Question 2 Cheyenne Corp. purchased 32,800 The truck has anexpected salvage value of $1,800, and is axpected to be driven 100,000 miles over its

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* Question 2 Cheyenne Corp. purchased 32,800 The truck has anexpected salvage value of $1,800, and is axpected to be driven 100,000 miles over its estimated useful ife of 8 years. Accual miles driven were 13,800 in 2019 and 12,900 in 2020 Cakulate depreciation expense per mile under units-of-activity method. (Round answer to 2 decimal places e.g. 0.50.) Depreciatien expense a delivery truck for on January 2019 Actua 13,800 in per mile Compute deprsciao expenze fer 2019 and 2020 using (1) the straight-line method, (2) the unitz-cfectivity method, and (3) the double-decining-balance method. (Round depreciation cost per unit to 2 decimal places eg. 0.50 and depreciation rate to 0 decimal places, e.g 15%. Round final answers to 0 decimal places, e.g. 2,125.) Depreciation Expense (1) Straight-line method (2) Units-of-activity methed (3) Double-declining-balance mathod Assume at Cheyenne uses the straight-line method prepare the ouma entry to record 2019 depreciation. C ea raccount tit es are automatica y i dented when and nt is entered. Do rot i dent manual y 1f entry is require No Entry for the account tit es a se ect Account Titles and Explanation Debit Credit Assume that Chavanna u22:the straight-line method. Sh how tha truck would be reported in the Decembar 31, 2019. balance sheat. (Round answers to O decimal place, eg. 2,125.)

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