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In recent years, Swifty Transportation purchased three used buses. Because of frequent turnover in the accounting department, a different accountant was in charge of selecting

In recent years, Swifty 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.
\table[[Bus,Acquired,Cost,\table[[Salvage],[Value]],\table[[Useful Life],[in Years]],\table[[Depreciation],[Method]]],[1,Jan. 1,2020,$96,500,$5,000,4,Straight-line],[2,Jan. 1,2020,129,000,10,000,5,Declining-balance],[3,Jan. 1,2021,94,100,8,000,5,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; 2022,35,000; and 2023,30,000.
(a1)
For Bus #3, calculate depreciation expense per mile under units-of-activity method. (Round answer to 2 decimal places, e.g.0.50.)
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