In recent years, Sarasota 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 1 2 3 Acquired (21) Jan. 1, 2020 Jan. 1, 2020 Jan. 1, 2021 Cost $ 96,800 111,000 92,900 Salvage Value $7,500 10,500 7,500 Useful Life in Years 5 4 4 Depreciation Method Straight-line Declining-balance 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 122,000. Actual miles of use in the first 3 years were 2021, 25,000; 2022, 31,000; and 2023, 32,000.

In recent years, Sarasota Transportation purchased three used buses. Because of frequent turnover in the accounting department, a different aceountant 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. For the declining-balance method, the company uses the double-declining rate. For the units-of-activity method, total miles are expected to be 122,000 . Actual miles of use in the first 3 years were 2021,25,000;2022,31,000; and 2023, 32,000 . 2. Your answer is partially correct. Compute the amount of accumulated depreciation on each bus at December 31,2022