Depreciation by units-of-activity Method Prior to adjustment at the end of the year, the balance in Trucks is 5404,400 and the balance in Accumulated Depreciation --Trucks G 5120,390. Details of the subsidiary ledger are as follows: Accumulated Miles Estimated Estimated Depreciation Operated Truck Residual Useful at Beginning During No. Cost Value Life of Year Year $77,000 $11,550 240,000 miles 36,000 miles 110,900 13,308 260,000 $22,180 26,000 3 91,500 12,810 218,000 $73,200 21,800 125,000 15,000 420,000 $25,000 50,400 1 2 4 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. Keep in mind that the depreciation taken cannot reduce the book value of the truck below its residual value Round the rate per me to two decimal places. Enter all values as positive amounts Credit to Rate per Mile Miles Accumulated Truck No. (in cents) Operated Depreciation 36,000 26,000 21,800 50,400 Total