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hello I need help with this proble, part A2 please attach a word doc and steps on how you got each asnwer, please thanks I
hello I need help with this proble, part A2 please attach a word doc and steps on how you got each asnwer, please thanks I need it within the next 20 minutes thank you
Problem 9-2A (Part Level Submission) In recent years, Avery 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 1 2 3 Acquired 1/1/15 1/1/15 1/1/16 Cost $ 99,000 124,000 78,300 Salvage Value $ 5,500 11,000 7,500 Useful Life in Years 4 5 5 Depreciation Method Straight-line Declining-balance Units-of-activity For the declining-balance method, the company uses the double-declining rate. For the unitsof-activity method, total miles are expected to be 118,000. Actual miles of use in the first 3 years were 2016, 24,500; 2017, 31,000; and 2018, 32,500. (a1) 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 $ per mile 0.6 Show Solution Show Answer Link to Text Attempts: 2 of 3 used (a2) Your answer is incorrect. Try again. Compute the amount of accumulated depreciation on each bus at December 31, 2017. (Round depreciation cost per unit to 2 decimal places, e.g. 0.50 and depreciation rate to 0 decimal places, e.g. 15%. Round final answers to 0 decimal places, e.g. 2,125.) Accumulated depreciation BUS 1 $ BUS 2 $ BUS 3 $ `Step by Step Solution
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