Question 7 Martinez Company purchased a delivery truck for R$30,100 on January 1, 2017. The truck has an expected residual value of R$5,700, and is expected to be driven 109,800 miles over its estimated useful life of 9 years. Actual miles driven were 15,100 in 2017 and 12,700 in 2018. Calculate depreciable cost per unit. (Round answers to 2 decimal places, e.g. 0.50.) Depreciable cost per unit R$ per mile Compute depreciation expense for 2017 and 2018 using the straight-line method, the units-of-activity method, and the double-declining-balance method. (For double-declining-balance round the rate to 2 decimal places, e.g. 22.22%. Round answers to 0 decimal places, e.g. 2,125.) 2017 2018 Straight-line method R$ R$ Units-of-activity method R$ R$ Declining-balance method R$ R$ Assume that Martinez uses the straight-line method. (1) Prepare the journal entry to record 2017 depreciation. (2) Show how the truck would be reported in the December 31, 2017, statement of financial position. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit MARTINEZ COMPANY Statement of Financial Position R$ R$