In recent years, Whispering Winds 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 summarized as follows. Bus Useful Life in Years 4 1 Acquired 1/1/18 1/1/18 1/1/19 Salvage Value $5,000 10,000 7,500 Cost $ 95,000 110,000 88,000 Depreciation Method Straight-line Declining-balance Units-of-activity 2 4 3 4 For the declining-balance method, the company uses the double-declining rate. For the units-of-activity method, total miles are expected to be 115,000. Actual miles of use in the first 3 years were 2019, 23,000; 2020, 31,000; and 2021, 29,000. (a 1) For Bus #3, calculate depreciation expense per mile under units-of-activity method. (Round answer to 2 decimal places, eg. 0.50.) Depreciation expense $ per mile e Textbook and Media Save for Later Attempts: unlimited Submit