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.

Depreciation Method Useful Life Salvage Value Bus Acquired Cost n Years 1 1/1/15 96,000 6,000 Straight-line 110,000 1/1/15 10,000 4 Declining-balance Units-of-activity 3 1/1/16 92,000 8,000 For the declining-balance method, the company uses the double-declining rate. For the units-of-activity method, total miles are expected to be 120,000. Actual miles of use in the first 3 years were 2016, 24,000; 2017, 34,000; and 2018, 30,000 (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 .70 per mile SHOW SOLUTION SHOW ANSWER LINK TO TEXT Attempts: 1 of 3 used (a2) Your answer is partially correct. 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 54,000 BUS 2 86,240 BUS 3 35,560