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Flounder Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January 1, 2020, at a cost of $260,752. Over

Flounder Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January 1, 2020, at a cost of $260,752. Over its 6-year useful life, the bus is expected to be driven 161,700 miles. Salvage value is expected to be $8,500. Compute the depreciable cost per unit. (Round answer to 2 decimal places, e.g. 0.50.) Depreciation cost per unit $ per mile Prepare a depreciation schedule assuming actual mileage was: 2020, 28,700; 2021, 56,000; 2022, 42,000; and 2023, 35,000. (Round cost per unit to 2 decimal places, e.g. 15.25 and all other answers to 0 decimal places, e.g. 5,275.)

A) Depreciation cost per unit is 1.56 per mile

B) I can not figure out how to get the answer to the Accumulated Depreciation amount. This is what I have done so far. Thank you and can you show how you got those numbers

Year Units of Activity Depreciation Annual Depreciation Exp Accum. Depreciation Book Value

2020

28700 1.56 44772 44772 215980
2021 56000 1.56 87360 132132 128620
2022 42000 1.56 65520 63100
2023 35000 1.56 54600 8500

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