2. A non-profit purchases a bus to drive clients to health appointments on 1/1/A. The bus is purchased by issuing at $160,000 note payable. It is estimated that the bus will have a useful life of 4 years. The bus is also expected to run for 100,000 miles. After the bus is done being useful, it will be sold for $40,000 dollars. 2a: Assume the nonprofit records depreciation once a year on 12/31 and uses the straight-line method. Prepare journal entries. Post to t-accounts. Find book value. 2b. Assume the nonprofit records depreciation once a year on 21/31 and uses units of production method. During Year A the nonprofit used the bus for 20,000 miles. Prepare journal entries. Post to t-accounts. Find book value