In 2018, Close Co. purchased a bus for 519003. The company expects the bus to last for 11 years and should travel about 387239 kilometres (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 30,000kms. Calculate the depreciation expense for the machine 2018 using the straight line method. Answer: In 2018, Close Co. purchased a bus for 519003. The company expects the bus to last for 11 years and should travel about 387239 kilometres (km). 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 30,000kms. Calculate the depreciation expense for the machine 2018 using the unit of production method. Answer In 2018. Close Co purchased a bus for 519003. The company expects the bus to last for 11 years and should travel about 387239 kilometres (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 koms. Calculate the depreciation expense for the machine 2018 using double declining balance method