Question 3 Bridgeport Company purchased a delivery truck for $27,000 on January 1, 2020. The truck has an expected salvage value of $1,500, and is expected to be driven 102,000 miles over its estimated useful We of 10 years. Actualmes driven were 12.800 in 2020 and 14,300 in 2021. Calculate depreciation expense per mile under units-of-activity method. (round answer to 2 decimal places, a.s. 0:50.) Depreciation expense $ 0.25 per mile SHOW LIST OF ACCOUNTS Compute depreciation expense for 2020 and 2021 using (1) the stranght line method, (2) the units of activity method, and the double declining balance method. (od depreciation cost per unit to 2 decimal places, ... 0.50 and depreciation rate to o dedmal places.. 154. Nound final answers to decimal places... 2,123 Depreciation Expense 2020 2021 (1) Straight line method $ 2550 2550 (2) Units of activity method 3900 $ 3575 ta) Dedining balance method 1100 20 Assume that Bridgeport uses the straight line method. Prepare the journal entry to record 2020 depreciation (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts Round answers too decimal places, .0.2.125.) Account Titles and Explanation Debit Credit SHOW LIST OF ACCOUNTS Assume that Bridgeport uses the straight ine method. Show how the truck would be reported in the December 31, 2020, balance sheet. (Round answers to decimal places... 2.125.) BRIDGEPORT COMPANY Partial Balance Sheet