In recent years, Concord Transportation purchased three used buses. Because of frequent turnover in the accounting department, a different accountant was in charge of selecting the depreciation method for each bus, and various methods have been used Information concerning the buses is summarized in the table below. Bus Acquired Salvage Value Cost Useful Life in Years 1 Jan. 1.2020 $ 96,000 $6,500 5 Depreciation Method Straight-line Declining balance Units-of-activity 2 Jan. 1.2020 128.000 11,000 4 3 Jan. 1. 2021 95.100 9,000 5 For the declining balance method, the company uses the double-declining rate. For the units-of-activity method, total miles are expected to be 123,000. Actual miles of use in the first 3 years were 2021.25,000; 2022, 31,000; and 2023, 32,500. (a1) Your answer is correct. For Bus #3, calculate depreciation expense per mile under units-of-activity method. (Round answer to 2 decimal places, es. 0.50.) Depreciation expense $ 70 per mile (a2) Your answer is correct. Compute the amount of accumulated depreciation on each bus at December 31, 2022 Accumulated depreciation BUS 1 $ 53700 BUS 2 $ 112000 BUS 3 $ $ 39200 (b) If Bus 2 was purchased on April 1 instead of January 1, what is the depreciation expense for this bus in (1) 2020 and (2) 2021? (1) 2020 (2) 2021 Depreciation expense $