Depreciation by Units-of-activity Method Prior to adjustment at the end of the year, the balance in Trucks is $401,700 and the balance in Accumulated Depreciation-Trucks is $120,740. Details of th 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 f 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 th mile to two decimal places. Depreciation by Units-of-activity Method Prior to adjustment at the end of the year, the balance in Trucks is $401,700 and the balance in Accumulated Depreciation-Trucks is $120,740. Details of the 54 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 t) miles operated during the current year, Keep in mind that the depreciation taken cannot reduce the book value of the truck below its residuai value. Round the ra mile to two decimat ptaces: TChea My Work how many miles are driven each period. Keep in mind that the depreclation taken cannot reduce the book value of the truck bolow its residual value. Journalize the entry on December 31 to record depreciation for the year. If an amount box does not require an entry, leave it blank. Foedtine r Crese My Wank Remember that the company joumalizes the deprecintion of the trucks as one asset