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Sunland Company purchased a delivery truck for $32,400 on January 1, 2020. The truck has an expected salvage value of $2.400, and is expected to

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Sunland Company purchased a delivery truck for $32,400 on January 1, 2020. The truck has an expected salvage value of $2.400, and is expected to be driven 100,000 miles over its estimated useful life of 8 years. Actual miles driven were 13,600 in 2020 and 11.300 in 2021. * Your answer is incorrect. Calculate depreciation expense per mile under units-of-activity method. (Round answer to 2 decimal places, eg. 0.50) Depreciation expense 3750 per mile eTextbook and Media Question 6 of 12 0/0.5 * Your answer is incorrect. Compute depreciation expense for 2020 and 2021 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 decimal places, eg. 15%. Round final answers to decimal places, eg. 2,125.) Depreciation Expense 2020 2021 (1) Straight-line method s $ (2) Units-of-activity method (3) Double-declining-balance method Question 6 of 12 0/0.5 X Your answer is incorrect. Assume that Sunland uses the straight-line method. Prepare the journal entry to record 2020 depreciation. (Credit account are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the accour titles and enter O for the amounts. Round answers to O decimal places, e.g. 2,125.) Account Titles and Explanation Debit Credit Question 6 of 12 0/ * Your answer is incorrect. Assume that Sunland uses the straight-line method. Show how the truck would be reported in the December 31, 2020, sheet. (Round answers to 0 decimal places, eg. 2.125.) $ e Textbook and Media

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