Ayayai Company purchased a delivery truck for $25,000 on January 1,2022 . The truck has...
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Accounting
Ayayai Company purchased a delivery truck for $25,000 on January 1,2022 . The truck has an expected salvage value of $1,000, and is expected to be driven 100,000 miles over its estimated usefullife of 10 years. Actual miles driven were 12000 in 2022 and 10000 in 2023. (a1) Calculate depreciation expense per mile under units-of-activity method. (Round answr to 2 decimal ploces es, 0.5a) Depreclation experse permile eToctbook and Media List of Accounts Attempts: 0 of 2 used Compute depreciation expense for 2022 and 2023 using (1) the straight-fine method, (2) the units-of-activity method, and (3) the double-declining-balance method. (Round depreciation cost per unit to 2 decimal places, es. 0.50 and depreciation rote fo 0 decimat places, es. 15X. Round final answers to 0 decinal ploces, eg 2, 125) Assume that Ayayai uses the straight-line method. Prepare the journal entry to record 2022 depreciation (List oll debit entries before credit entriex. Credit occount tittes are automatically indentrd when amount is entered. Do not indent maruolly. If no entry is required select "No Entry" for the occount titles and entre Ofor the amounts) Assume that Aysyai uses the straight-line method. Show how the truck would be reported in the December 31, 2022, balance sheet




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