In 2018, Close Co purchased a bus for 517451. The company expects the bus to last for 14 years and should travel about 40122 cm (kms). It is expected that the bus will be sold at an auchon for $30,000 in the end. During 2018 the bus was used for 30 000 Calculate the depreciation expense for the machine 2018 using the straight line method Answer In 2018, Close Co purchased a bus for 517461. The company expects the bus to last for 14 years and should travel about 340122 biometres (kms). It is expected that the bus will be sold at an auction for $30,000 in the end. During 2018 the bus was used for 30 000 km Calculate the depreciation expense for the machine 2018 using the unit of production method Answer: In 2018. Close Co purchased a bus for 517461. The company expects the bus to last for 14 years and should travel about 340122 metres (kms) It is expected that the bus will be sold at an auction for $30.000 in the end. During 2018 the bus was used for 30.000 kms Calculate the depreciation expense for the machine 2018 using double declining balance method