In recent years, Ivanhoe 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. Depreciation Method Bus Acquired Residual Value Useful Life in Years Cost 5 7.000 Straight-line 1/1/18 96,200 1 12,000 5 2 1/1/18 111,000 Declining-balance Units-of-activity 5 88,000 7,500 3 1/1/19 For the declining balance method, the company uses the double-declining rate. For the units-of-activity method total miles are expected to be 115.000. Actual miles of use in the first 3 years were: 2019,26,000; 2020, 35,000; and 2021,29,000 Calculate depreciable cost per mile for Bus 3. (Round answer to 2 decimal places, eg. 0.50.) 0.7 per mile Depreciable cost Compute the amount of accumulated depreciation on each bus at December 31, 2020, Accumulated Depreciation at December 31, 2020 53520 BUS 1 44400 BUS 2 2.1 E BUS 3