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Can you please help me with this question? Thank you :) Whippet Bus Lines uses the units-of-activity method in depreciating its buses. One bus was
Can you please help me with this question? Thank you :)
Whippet Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January 1,2017 , at a cost of $125,000. Over its 4-year useful life, the bus is expected to be driven 212,000 miles. Salvage value is expected to be $8,400. Compute the depreciation cost per unit. (Round answer to 3 decimal places, e.g. 6.251) Depreciation cost per unit $ eTextbook and Media Prepare a depreciation schedule assuming actual mileage was: 2017, 50,000; 2018, 65,000; 2019, 51,250; and 2020,33,750. (Round depreciation cost per unit to 3 decimal places, e.g. 0.125 and other answers to 0 decimal places, e.g. 125) End of Year Accumulated Depreciation Book Value $ $Step by Step Solution
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