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You must show your work when answering the problem The company bought a delivery truck for their business.They use the activity depreciation method and gave

You must show your work when answering the problem

The company bought a delivery truck for their business.They use

the activity depreciation method and gave you the following data

Date of purchase 1-Jan-19

Cost of truck $62,000

Salvage value $4,000

Total miles for the life of the truck 200,000

Miles driven in March 2019 2,100

Miles driven in April 2019 2,800

Required

a Calculate the depreciation per mile

b Calculate the depreciation for March and April

c Prepare the depreciation journal entry for March

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