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Question2 Pina Colada Corp. purchased a delivery truck for $32,000 on January 1, 2019. The truck has an expected salvage value of $2,000, and is
Question2 Pina Colada Corp. purchased a delivery truck for $32,000 on January 1, 2019. The truck has an expected salvage value of $2,000, and is expected to be driven 100,000 miles over its estimated useful life of 8 years. Actual miles driven were 16,400 in 2019 and 10,800 in 2020 Calculate depreciation expense per mile under units-of-activity method. (Round answer to 2 decimal places, e.g. 0.50) Depreciation expense per mile SHOW LIST OF ACCOUNTS LINK TO TEXT Compute depreciation expense for 2019 and 2020 using (1) the straight-line method, (2) the units-of-activity method, and (3) the double-declining-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 2019 2020 (1) Straight-line method (2) Units-of-activity method
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