Problem 9-2A (Part Level Submission) In recent years, Metlock 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. Useful Life in Years Bus 1 Acquired 1/1/17 1/1/17 1/1/18 5 Salvage Value $ 5,500 11,000 7,500 Cost $ 99,500 115,000 84,300 Depreciation Method Straight-line Declining-balance Units-of-activity 2 5 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 128,000. Actual miles of use in the first 2018, 28,000; 2019, 34,000; and 2020, 31,500. years were (1) Your answer is correct. For Bus #3, calculate depreciable cost per mile under units-of-activity method. (Round answer to 2 decimal places, e.g. 0.50.) Depreciable cost per mile Click if you would like to show Work for this question: Open Show Work SHOW SOLUTION SHOW ANSWER LINK TO TEXT VIDEO: SIMILAR PROBLEM Attempts: 1 of 3 used Your answer is correct. 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 56400 BUS 2 90160 BUS 3 37200 Click if you would like to Show Work for this question: Open Show Work SHOW SOLUTION SHOW ANSWER LINK TO TEXT VIDEO: SIMILAR PROBLEM Attempts: 1 of 3 used (b) If Bus 2 was purchased on April 1 instead of January 1, what the depreciation expense for this bus in (1) 2017 and (2) 2018? (Round answers to 0 decimal places, e.g. 2,125.) (1) 2017 (2) 2018 Depreciation expense $ Click if you would like to Show Work for this question: Open Show Work