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Problem 10-2A Transportation purchased three used buses. Because of frequent turnover in the accounting department, a different accountant selected the depre various methods were selected.

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Problem 10-2A Transportation purchased three used buses. Because of frequent turnover in the accounting department, a different accountant selected the depre various methods were selected. Information concerning the buses is summarized as follows. Useful Salvage Life Depreciation Value Method in Years Bus Acquired Cost 1 1/1/15 $98,900 $5,000 5 Straight-line 2 1/1/15 120,000 11,500 5 3 1/1/16 90,8007,500 4 Declining- 2 1/1/15 120,000 100 Delaing balance 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 be 119,000. Actual miles of 2016, 26,500; 2017, 32,000; and 2018, 29,000. For Bus # 3, calculate depreciation expense per mile under units-of-activity method. (Round answer to 2 decinal places, eg 0.50) Depreciation expense s 7 per mile LINK TO TEXT Compute the amount of accumulated depreciation on each bus at December 31, 2017. (Round answers to 0 decimal places, e.g. 2,125.) Accumulated depreciation 18780 BUS 1 BUS 2 BUS 3 s

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