In recent years, Sheridan 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		Useful Life in Years		Depreciation Method
1		1/1/17		$ 95,600		$ 6,500		4		Straight-line
2		1/1/17		120,000		11,500		4		Declining-balance
3		1/1/18		83,640		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 122,000. Actual miles of use in the first 3 years were 2018, 24,000; 2019, 32,000; and 2020, 30,000.

Prohlem 9-2 In recent years, She dan Tansportaben pur sed three sed buses. Because o trequent turnoverin the accoun ng department a ditterent accountant selected the depre at on method tor each bus and vano s method ere se ected n ormation concerning the buses s shown as ollows Salvage Useful Life Bus Acquired Value Method 95,600 120,000 83,640 6,500 1L 500 8,000 Straight-line Decining-bslance 1/1/L7 For the declining-balance method, the compan u the double-decining rate. For the units-ot-sctivity method, total mles are expected to be122,000. Actual mules of use in the ti 3 years were 2019, 24,000: 2019, 32,000: and 2020, 30,000. Deprecistion opense per mie Compute the amount oe acom ated depreciation on each bus at December 31 2019. Round depreciation cost per nit to 2 deci al places, e . 0.50 and depreciati n rate to 0 decimal places e 15% R und tinal answers to 0 decimal places, e 2,12 Bus 1 OuS 2 BUS 3 SIMILAR PROBLEM 2018 Click it you would like to Show Work tor this question: esnSho Work Question Attempts 0 of 3 used E FOR LATER Earn Haxmum Foints avelable only if you newer this question correctly in three attempts orless