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 shown as follows. Bus Acquired Cost Salvage Value in Years Useful Life Depreciation Method 1 1/1/18 $ 98,300 $7,000 5 Straight-line 2 1/1/18 118,000 10,000 Declining-balance 3 1/1/19 88,640 8,000 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 126,000. Actual miles of use in the first 3 years were 2019, 24,000; 2020, 31,500; and 2021, 30,000. Your answer is correct. For Bus #3, calculate depreciation expense per mile under units-of-activity method. (Round answer to 2 decimal places, e.g. 0.50.) Depreciation expense $ .64 per mile eTextbook and Media Attempts: 1 of 5 used Compute the amount of accumulated depreciation on each bus at December 31, 2020. (Round depreciation cost per unit to 2 decimal places, e.g. 0.50 and depreciation rate to O decimal places, e.g. 15%. Round final answers to O decimal places, e.g. 2,125.) Accumulated depreciation BUS 1 $ BUS2 $ BUS 3