Problem 10-2A In recent years, Avery 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 | Acquired | Cost | Salvage Value | Useful Life in Years | Depreciation Method | 1 | 1/1/12 | $99,800 | $6,600 | 5 | Straight-line | 2 | 1/1/12 | 117,000 | 10,000 | 4 | Declining-balance | 3 | 1/1/13 | 83,540 | 8,900 | 4 | 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 be124,400. Actual miles of use in the first 3 years were: 2013,23,400; 2014,35,400; and 2015,29,200. | | | |