Truck Residual No. Cost Value Useful Life at Beginning During of Year Year 1 $78,500 $11,775 210,000 miles 31,500 miles 2 110,000 13,200 280,000 $22,000 28,000 3 99,500 13,930 212,000 $79,600 21,200 4 125,000 15,000 300,000 $25,000 36,000 a. Determine for each truck the depreciation rate per mile and the amount to be credited to the accumulated depreciation section of each subsidiary account for the miles operated during the current year. Keep in mind that the depreciation taken cannot reduce the book value of the truck below its residual value. Round the rate per mile to two decimal places. Enter all values as positive amounts. Credit to Accumulated Rate per Mile Truck No. (in cents) Miles Operated Depreciation 1 0.32 31,500 $ 10,080 2 0.35 28,000 9,800 3 0.40 21,200 8,480 X 4 0.37 36,000 13,320 Total Feedback