Problem 9-2A 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 Depreciation Useful Life in Years 4 Bus Acquired Value Cost 96,600 123,000 78,100 Method 7,000 12,000 8,500 Straight-line Declining-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 116,000. Actual miles of use in the first 3 years were 2016, 26,000; 2017, 36,000; and 2018, 30,500 Your answer is correct. 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 0.60 per mile SHOW SOLUTION SHOW ANSWER LINK TO TEXT