Calculate depreciable cost per mile for Bus 3. (Round answer to 2 decimal places, eg: 0.50) Depreciable cost E 0.7 per mile Compute the amount of accumulated depreciation on each bus at December 31, 2020, Accumulated Depreciation at December 31, 2020 BUS 1 53700 BUS 2 E 106750 BUS E 41650 e Textbook and Media * Your answer is incorrect 1 Bus no. 2 was purchased on April 1 instead of January 1, what is the depreciation expense for this bus in 2018 and 2019? (Round answers to decimal places, s 2,125) 2018 2019 Depreciation expense 45750 34360 e Textbook and Media In recent years, Cullumber Transportation purchased three used buses. Because of frequent turnover in the accounting department, a different accountant selected the depreciation method for each bus, and various methods were selected. Information concerning the buses is summarized below. Bus Acquired Cost Residual Value Useful Lite in Years 1 2 1/1/18 96,000 6,500 5 Depreciation Method Straight-line Declining-balance Units-of-activity 2 1/1/18 122,000 12,000 5 3 1/1/19 93,000 9,000 4 For the declining-balance method, the company uses the double-declining rate. For the units-of-activity method total miles are expected to be 120,000. Actual miles of use in the first 3 years were 2019.24,000: 2020, 35,500; and 2021, 32,000. Your answer is partially correct. Calculate depreciable cost per mile for Bus 3. (Round answer to 2 decimal places, c.8.0.50.) Depreciable cost 0.7 per mile Compute the amount of accumulated depreciation on each bus at December 31, 2020. Accumulated Depreciation at December 31, 2020 BUS 1 E 53700 BUS 2 106750