Cullumber Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January 1, 2022, at a cost of $125,000. Over its 4-year useful life, the bus is expected to be driven 220,000 miles. Salvage value is expected to be $8,400. Your answer is correct. Compute the depreciation cost per unit. (Round answer to 3 decimal places, e.g. 6.251) Depreciation cost per unit $ e Textbook and Media . Your answer is partially correct. Prepare a depreciation schedule assuming actual mileage was: 2022, 50,000; 2023,65,000; 2024, 51,000; and 2025, 54,000. (Round depreciation cost per unit to 3 decimal places, e.g. 0.125 and other answers to 0 decimal places, e.g. 125) Computation End of Year Years Units of Activity * Depreciation Cost/Unit = Annual Depreciation Expense Accumulated Depreciation Book Value 2022 50000 .53 26500 26500 98500 2023 65000 .53 34450 60950 64050 2024 51000 .53 27030 2025 54000 .53 28620