In recent years, Pina Colada 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 Cost Salvage Value Useful Life in Years Depreciation Method 1 Jan. 1, 2020 $97,000 $8,000 5 Straight-line 2 Jan. 1, 2020 127,000 11,500 5 Declining-balance 3 Jan. 1, 2021 94,100 8,000 4 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 123,000. Actual miles of use in the first 3 years were 2021, 27,500; 2022, 33,000; and 2023, 29,000. (a1) 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 $ .70 per mile eTextbook and Media Attempts: 2 of 5 used (a2) 2 (b) Your answer is partially correct. Compute the amount of accumulated depreciation on each bus at December 31, 2022. Accumulated depreciation BUS 1 $ BUS 2 BUS 3 eTextbook and Media Save for Later 53400 94298 42350 Attempts: 1 of 5 used Submit Answer Your answer is incorrect. 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 Depreciation expense $ 34652 $ (2) 2021 33596