Depreciation Method Straight-line Declining-balance Salvage Useful Life Cost Value in Years $ 96,000 $ 6,000 5 110,000 10,000 4 Bus Acquired 1 1/1/15 2 1/1/15 The company depreciate the first bus at a rate of 20%, and the second bus at a rate of 25% instructions a) Compute the amount of accumulated depreciation on each bus at December 31, 2017 b) If Bus 2 was purchased on April 1 instead of January 1, what is the depreciation expense for this bus in (1) 2015 and (2) 2016