Question $3$ of $7$

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Blossom Company purchased a delivery truck for $$56,000$ on January $1,2027.$ The truck has an expected salvage value of $$6,000,$ and is expected to be driven $100,000$ miles over its estimated useful life of $8$ years. Actual miles driven were $15,800$ in $2027$ and $14,700$ in $2028.$

$($a$1)$

Your answer is incorrect.

Calculate depreciable cost per mile under units$-$of$-$activity method. $($Round answer to $2$ decimal places, eg$.0\mathrm{.}50.)$

Depreciable cost

$ $$ per mile

eTextbook and Media

List of Accounts

Attempts: $1$ of $3$ used

$($a$2)$

The parts of this question must be completed in order. This part will be available when you complete the part above.

$($a$2)$

Compute depreciation expense for $2027$ and $2028$ using $(1)$ the straight$-$line method, $(2)$ the units$-$of$-$activity method, and $(3)$ the double$-$declining$-$balance method.

$\backslash$table$[[,,$Depreciation Expense$],[,,,2027,,2028],[(1),$Straight$-$line method,$$,,$$$,],[(2),$Units$-$of$-$activity method,$$,,$$$,],[(3),$Double$-$declining$-$balance method,$$,,$$$,],[$eTextbook and Media$],[$List of Accounts$],[$Attempts: $0$ of $3$ used$]]$

$($b$1)$

The parts of this question must be completed in order. This part will be available when you complete the part above.

$($b$2)$

The parts of this question must be completed in order. This part will be available when you complete the part above.

Question $3$ of $7$

$\frac{5}{10}$

$($b$1)$

Assume that Blossom uses the straight$-$line method.

Prepare the journal entry to record $2027$ depreciation expense. $($Credit account titles are automatically Indented when the amount is entered. Do not Indent manually. If no entry is required, select $"$No Entry" for the account titles and enter $0$ for the amounts. List debit entry before credit entry.$)$

Account Titles and Explanation

Debit

Credit

eTextbook and Media

List of Accounts

Attempts: $0$ of $3$ used

$($b$2)$

The parts of this question must be completed in order. This part will be available when you complete the part above.