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Problem 9-2A In recent years, Cheyenne Transportation purchased three used buses. Because of frequent turnover in the accounting department, a different accountant selected the depreciation

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Problem 9-2A In recent years, Cheyenne 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 shown as follows. Depreciation Method Bus Acquired 1 1/1/17 2 1/1/17 Cost $ 98,500 116,000 Useful Salvage Life Value in Years $5,000 4 12,000 4 Straight-line Declining- balance Units-of- activity 3 1/1/18 88,100 7,500 4 For the declining-balance method, the company uses the double-declining rate. For the units-of-activity method, total miles are expected to be 130,000. Actual miles of use in the first 3 years were 2018, 24,500; 2019, 33,500; and 2020, 33,000. For Bus #3, calculate depreciable cost per mile under units-of-activity method. (Round answer to 2 decimal places, e.g. 0.50.) Depreciable costs per mile LINK TO TEXT Compute the amount of accumulated depreciation on each bus at December 31, 2019. (Round depreciable cost per unit to 2 decimal places, e.g. 0.50 and depreciation rate to o decimal places, e.g. 15%. Round final answers to o decimal places, e.g. 2,125.) Accumulated depreciation BUS 1 BUS 2 BUS 3 LINK TO TEXT If Bus 2 was purchased on April 1 instead of January 1, what is the depreciation expense for this bus in (1) 2017 and (2) 2018? (Round answers to 0 decimal places, e.g. 2,125.) Depreciation expenses Click if you would like to Show Work for this question: Open Show Work

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