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pt b (last picture) ES Problem 10-02A al-b (Part Level Submission) In recent years, Concord Transportation purchased three used buses. Because of frequent turnover in

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ES Problem 10-02A al-b (Part Level Submission) In recent years, Concord 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 Useful Life Depreciation Bus Acquired Cost Value In Years Method 1 1/1/11 $ 96,000 $ 6,500 5 Straight-line 2. 1/1/18 128,000 11,000 4 Declining balance 1/1/19 95,100 9,000 5 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 123,000. Actual miles of use in the first 3 years were 2019, 25,000; 2020, 31,000; and 2021, 32,500. (ai) udy. 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 0.70 per mile Click if you would like to show Work for this question: Open Show Work SHOW SOLUTION SHOW ANSWER LINK TO TEXT Attempts: 1 of 3 used (2) Your answer is correct. Compute the amount of accumulated depreciation on each bus at December 31, 2020. (Round answers to o decimal places, e.g. 2,125.) Accumulated depreciation BUS 1 53700 BUS 2 112000 BUS 3 39200 Click if you would like to Show Work for this question: Open Show Work CALCULATOR PRINTER VERSION BUS 3 BACK NEXT 39200 Click If you would like to show Work for this question: Open Show Work SHOW SOLUTION DOW ANSWER LINK TO TEXT Attempts: 2 of 3 used (b) IF Bus 2 was purchased on April 1 Instead of January 1, what is the depreciation expense for this busin (1) 2016 and (2) 2017 (Round answers to decimal places e.g. 2,125.) (1) (2) 2018 2019 Depreciation expense Click if you would like to Show Work for this question: Open Show Work Attempts: 0 of 3 used

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