Prior to adjustment at the end of the year, the balance in Trucks is $296,900 and the balance in Accumulated Depreciation-Trucks is $99,740. Details of the subsidiary ledger are as follows:

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.
b. Journalize the entry on December 31 to record depreciation for the year.

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Miles Operated Accumulated Truck No. Estimated Residual Value Estimated Useful Life Depreciation at Beginning of Year During Cost $80,000 54,000 72,900 $15,000 6,000 10,900 22,800 250,000 miles 21,000 miles 33,500 200,000 240,000 $14,400 60,140 25,200 8,000 22,500 4