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*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

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*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. Salvage Useful LifeDepreciation Bus Acquired Cost Value in Years Method $96,800 $7,500 111,000 10,500 7,500 Straight-line Declining-balance Units-of-activity 2 92,900 For the declining-balance method, the company uses the double-declining rate. For the units-of-activity method, total miles are expected to be 122,000. Actual miles of use in the first 3 years were 2016, 25,000; 2017, 31,000; and 2018, 32,000. For Bus #3, calculate depreciation expense per mile under units-of-activity method. (Round answer to 2 decimal places, e.g. 0.50. per mile Depreciation expenses Compute the amount of accumulated depreciation on each bus at December 31, 2017. (Round answers to O decimal places, e.g. 2,125.) Accumulated depreciation BUS 1 BUS 2 BUS 3 If Bus 2 was purchased on April 1 instead of January 1, what is the depreciation expense for this bus in (1) 2015 and (2) 2016? (Round answers to 0 decimal places, e.g. 2,125.) 2015 2016 Depreciation expense Question Attempts: O of 3 used Copyright 2000 2018 by John Wiloy&Sons, Ina or reated comparies All ngnits reservod

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