sale price exceeds the net book value of the asset sold 10 0 points earned Linton...

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sale price exceeds the net book value of the asset sold 10 0 points earned Linton Company purchased a delivery truck for $34,000 on July 1, 2022. The truck has an expected salvage value of $2,000, and is expected to be driven 80,000 miles over its estimated useful life of 8 years. Compute the depreciation expense using the units-of-activity method assuming 15,000 hours are used in 2022. 11 $6,000 $4,000 $2,000 $4,800 13 1 point earned A cash register tape shows cash sales of $8,000 and sales taxes of $400. The journal entry to record this information is Cash Sales Tax Expense Sales Revenue .8,000 .400 sale price exceeds the net book value of the asset sold 10 0 points earned Linton Company purchased a delivery truck for $34,000 on July 1, 2022. The truck has an expected salvage value of $2,000, and is expected to be driven 80,000 miles over its estimated useful life of 8 years. Compute the depreciation expense using the units-of-activity method assuming 15,000 hours are used in 2022. 11 $6,000 $4,000 $2,000 $4,800 13 1 point earned A cash register tape shows cash sales of $8,000 and sales taxes of $400. The journal entry to record this information is Cash Sales Tax Expense Sales Revenue .8,000 .400