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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

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

Acquired

Cost

Salvage Value

Useful Life in Years

Depreciation Method

1 1/1/13 $97,200 $5,700 5 Straight-line
2 1/1/13 122,000 10,000 5 Declining-balance
3 1/1/14 78,200 8,000 4 Units-of-activity

For the declining-balance method, the company uses the double-declining rate. For the units-of-activity method, total miles are expected to be 117,000. Actual miles of use in the first 3 years were: 2014, 27,600; 2015, 32,400; and 2016, 30,400.

question 1=

Compute the amount of accumulated depreciation on each bus at December 31, 2015. (Round answers to 0 decimal places, e.g. 2,125.)

2015

BUS 1

$

BUS 2

$

BUS 3

$

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