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CALCULATOR PRINTER VERSION BACK NETI Problem 10-02A 01-b (Part Level Submission) In recent years, Riverbed Transportation purchased three used buses. Because of frequent turnover in

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CALCULATOR PRINTER VERSION BACK NETI Problem 10-02A 01-b (Part Level Submission) In recent years, Riverbed 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 as follows. Bus Useful Life In Years 1 Acquired 1/1/18 1/1/18 1/1/19 Cost $ 96,200 121,000 95,100 Salvage Value $ 5,000 10,000 9,000 Depreciation Method Straight-line Declining balance Units-of-activity 4 4 2 3 For the declining-balance method, the company uses the double declining rate. For the units-of-activity method, total miles are expected to be 123,000. Actual miles of use in the first 3 years were 2019, 28,000; 2020, 32,000; and 2021, 30,500. (al) Your answer is correct. For Bus 3, calculate depreciation expense per mile under units-of-activity method. (Round answer to 2 decimal places, e.g. 0.50.) Depreciation expense 0.7 per mile Click if you would like to Show Work for this questions Open Show Work SHOW SOLUTION LINK TO TEXT IU ALLUuning Principles, 13e Help System Announcements CALCULATOR PRINTTE VERSE (a2) Your answer is correct. Compute the amount of accumulated depreciation on each bus at December 31, 2020. (Round answers to o decimal places, e.g. 2,125.) Accumulated depreciation BUS 1 68,400 BUS 2 105,675 BUS 3 42,000 Click If you would like to show Work for this question: Open Show Work SHOW SOLUTION LINK TO TEXT Attempts: 1 of 5 used (b) If Bus 2 was purchased on April 1 instead of January 1, what is the depreciation expense for this busin (1) 2015 and (2) 20197 (Round answers to decim e.g. 2,125.) 27 (b) If Bus 2 was purchased on April 1 instead of January 1, what is the depreciation expense for this bus in (1) 2018 and (2) 20197 (Round answers to decimal places, e.g. 2,125.) (1) 2018 (2) 2019 Depreciation expense Click if you would like to show Work for this question: Open Show Work LINK TO TEXT Attempts: 0 of 5 used

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