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In recent years, Novak Transportation purchased three used buses. Because of frequent turnover in the accounting department, a different accountant selected the depreciation method for

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In recent years, Novak 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. Salvage Value Useful Life In Years Bus Acquired Cost Depreciation Method 1/1/18 $ 99,000 Straight line 1/1/18 1/1/19 Declining-balance $5,500 10,500 8,500 110,000 89.000 Units of activity For the declining balance method, the company uses the double-decliningrate. For the units of activity method, total miles are expected to be 115.000. Actual miles of use in the first 3 years were 019.23,000; 2020. 31.000; and 2021.30,500 If Bus 2 was purchased on April 1 instead of January 1, what is the depreciation expense for this busin (1) 2018 and (2) 2019? (Round answers to decimal places, e.g. 2,125.) (2) 2019 2018 Depreciation expenses

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