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part b please View Policies: Show Attempt History Current Attempt in Progress In recent years, Pina Colada Transportation purchased three used buses. Because of frequent
part b please
View Policies: Show Attempt History Current Attempt in Progress In recent years, Pina Colada 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. For the declining-balance method, the company uses the double-declining rate. For the units -f-activity method, total miles are expected to be 123,000. Actual miles of use in the first 3 years were 2021, 27.500;2022, 33,000; and 2023,29.000. (a1) Your answer is correct. For Bus \# #3, calculate depreciation expense per mile under units-of-activity method. (Round answer to 2 decimel ploces, es. 0.50 ) Depreciation expense $ per mile Compute the amount of accumulated depreciation on each bus at December 31,2022. Using multiple attempts has impacted your score. 5% score reductionafter attempt 2 (b) If Bus 2 was purchased on April 1 instead of January 1, what is the depreciation expense for this bus in (1) 2020 and (2) 2021 ? (Round answers to 0 decimal places, eg. 5, 275.) Step by Step Solution
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