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Question 1 of 4 - 20 III View Policies Current Attempt in Progress In recent years, Carla Transportation purchased three used buses. Because of frequent
Question 1 of 4 - 20 III View Policies Current Attempt in Progress In recent years, Carla 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 below. Acquired Cost Residual Value Useful Life In Years Depreciation Method 1 E 97,600 [5.000 4 2 1/1/18 1/1/18 1/1/19 115.000 10.500 4 Straight-line Declining-balance Units-of-activity 3 94.800 8,000 For the declining balance method, the company uses the double-declining rate. For the units of activity method, total miles are expected to be 124.000. Actual miles of use in the first 3 years were: 2019.27.500:2020, 33.000, and 2021, 29.500. (a) - /20 Question 1 of 4 (a) Calculate depreciate cont perde for us 3 (Mound wer to 2 decimal place 0,50.) man Depreciable cost Come the mount of accumulated depreciation on each us at December 31, 2020 Atted Depreciation December 31, 2020 BUSI BUS 2 BUS 3 Attempts of used Submit Aswer (6)
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