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Problem 10-02A a1-b (Part Level Submission) In recent years, Blue Spruce Transportation purchased three used buses. Because of frequent turnover in the accounting department, a

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Problem 10-02A a1-b (Part Level Submission) In recent years, Blue Spruce 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. Useful Salvage Life Depreciation Value in Method Bus Acquired Cost Years 1 1/1/18 $ 95,600 $ 8,000 Straight-line 1/1/18 119,000 12,000 Declining- balance 3 1/1/19 Units-of- 91,300 8,000 5 activity 4 2 5 For the declining-balance method, the company uses the double-declining rate. For the units-of-activity method, total miles are expected to be 119,000. Actual miles of use in the first 3 years were 2019, 28,000; 2020, 35,000; and 2021, 31,000. (al) Your answer is incorrect. Try again. For Bus #3, calculate depreciation expense per mile under units-of-activity method. (Round answer to 2 decimal places, e.g. 0.50.) Depreciation expense 0.91 per mile Click if you would like to show Work for this question: Open Show Work SHOW SOLUTION SHOW ANSWER LINK TO TEXT Attempts: 3 of 3 used (a2) Your answer is partially correct. Try again. Compute the amount of accumulated depreciation on each bus at December 31, 2020. (Round answers to o decimal places, e.g. 2,125.) Accumulated depreciation BUS 1 65700.00 BUS 2 104125 BUS 3 44100.00 Click if you would like to show Work for this question: Open Show Work SHOW SOLUTION SHOW ANSWER LINK TO TEXT (b) Your answer is incorrect. Try again. If Bus 2 was purchased on April 1 instead of January 1, what is the depreciation expense for this bus in (1) 2018 and (2) 2019? (Round answers to o decimal places, e.g. 2,125.) (2) 2018 2019 Depreciation expense 44625 37188 Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT

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