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. Salvage Useful Life Depreciation Acquired Cost Value in Years Method 1/1/17 $ 98,500 $5,000 Straight-line 1/1/17 116,000 12,000 Declining-balance 3 1/1/18 88,100 7,500 Units-of-activity Bus 1 4 2 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. x Your answer is incorrect. Try again. For Bus #3, calculate depreciable cost per mile under units-of-activity method. (Round answer to 2 decimal places, e.g. 0.50.) X Depreciable cost per mile 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 0 decimal places, e.g. 2,125.) Accumulated depreciation BUS 1 70125 BUS 2 BUS 3 LINK TO TEXT VIDEO: SIMILAR PROBLEM Your answer is incorrect. Try again. 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.) (1) (2) 2017 2018 Depreciation expense Click if you would like to Show Work for this question: Open Show Work