Linton Company purchased a delivery truck for $34.000 on January 1 2020. The truck has...
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Linton Company purchased a delivery truck for $34.000 on January 1 2020. The truck has an expected salvage value of $2.000 and is expected to be driven 100.000 miles over its estimated unetul site of years. Actual miles driven were 15.000 in 2020 and 12.000 in 2021. Calculate depreciation expense permite under units of activity method. (Round answer to 2 decimal places, 050) Depreciation expense per mile e Textbook and Media List of Accounts 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, es 0.50 and deprecation rate to decimal places, eg. 15%. Round final answers to decimal places.es 2,125) Depreciation Expense 2020 2021 5 $ 123 $ $ Straight-line method Units-of-activity method Double-declining-balance method 13) $ $ e Textbook and Media List of Accounts Assume that Linton uses the straight-line method Prepare the journal entry to record 2020 depreciation (Credit account tities are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts. Round answers to decimal places, es 2,125) Account Titles and Explanation Debit Credit

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