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In recent years, Wildhorse Transportation purchased three used buses. Because of frequent turnover in the accounting department, a different accountant selected the depreciation method for

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In recent years, Wildhorse 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 1 1/1/17 2 1/1/17 3 1/1/18 Cost $ 96,200 115,000 90.420 Salvage Useful Life Value in Years $5,000 5 10,500 5 8.500 5 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 128.000. Actual miles of use in the first 3 years were 2018, 24.500: 2019. 34,000 and 2020, 29.500 For Bus #3, calculate depreciable cost per mile under units of activity method (Round answer to 2 decimal places, es. 0.50.) Depreciable costs 0.64 per mile e Textbook and Media Attempts: 1 of 3 used (a2) Compute the amount of accumulated depreciation on each bus at December 31, 2019. (Round depreciable cost per unit to 2 decimal places, es. 0.50 and depreciation rate to O decimal places, eg. 15%. Round final answers to O decimal places, es 2,125.) Accumulated depreciation BUS 15 BUS25 BUS 35

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