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In recent years, Oriole 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, Oriole 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 1 1/1/17 2 1/1/17 3 1/1/18 Cost $95,200 124,000 89,140 Salvage Useful Life Value in Years $6,500 4 11,000 4 8,500 Depreciation Method Straight-line Declining balance 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 126,000. Actual miles of use in the first 3 years were 2018, 24,000:2019, 33,000; and 2020, 29,000 For Bus #3, calculate depreciable cost per mile under units of activity method. (Round answer to 2 decimal places, es. 0.50) Depreciable costs per mile e Textbook and Media Compute the amount of accumulated depreciation on each bus at December 31, 2019. Round depreciable cost per unit to 2 decimal places, es 0.50 and depreciation rate to decimal places, s. 15X Round final answers to decimal places, es 2.125) Accumulated depreciation BUS1 S BUS 2 5 BUS3 e Textbook and Media If Bus 2 was purchased on April 1 instead of January 1, what is the depreciation expense for this busin (1) 2017 and (2) 2017 (Round answers to decimal places, es. 2.125) 2017 2018 Depreciation expenses eTextbook and Media

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