In recent years, Blossom 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 below. Residual Useful Life Depreciation Bus Acquired Cost Value in Years Method 1 1/1/18 96.100 7,000 4 Straight-line 2 1/1/18 119,000 11,000 5 Declining balance 1/1/19 95,000 7,500 5 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 125,000. Actual miles of use in the first 3 years were: 2019,25,500: 2020, 34,500; and 2021. 30.000.