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Pina Colada Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January 1, 2020, at a cost of $274,420.

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Pina Colada Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January 1, 2020, at a cost of $274,420. Over its 7- year useful life, the bus is expected to be driven 163,000 miles. Salvage value is expected to be $7.100 Compute the depreciable cost per unit. (Round answer to 2 decimal places, eg. 0.50.) Depreciation cost per unit $ per mile e Textbook and Media Prepare a depreciation schedule assuming actual mileage was: 2020, 48,000, 2021,45,000; 2022, 32,000; and 2023, 38,000. (Round cost per unit to 2 decimal places... 15.25 and all other answers to decimal places, s. 5,275) Computation End of Year Units of Activity Depreciation Cost/Unit Annual Depreciation Expense Accumulated Depreciation Book Value Year 2020 2021 2022 2023

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