Question 16 1.95/3 View Policies Show Attempt History Current Attempt in Progress Yello Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January 1, 2020, at a cost of $226,472. Over its 4-year useful life, the bus is expected to be driven 139,600 miles. Salvage value is expected to be $7,300. Your answer is correct. Compute the depreciable cost per unit. (Round answer to 2 decimal places, e.g. 0.50.) Depreciation cost per unit $ 1.57 per mile eTextbook and Media Your answer is partially correct. Prepare a depreciation schedule assuming actual mileage was: 2020, 31,600; 2021, 37,000; 2022, 27,000; and 2023, 44,000. (Round cost per unit to 2 decimal places, e.g. 15.25 and all other answers to O decimal places, e.g. 5,275.) Computation End Year 2020 Units of Activity 34900 Depreciation Cost/Unit 1.57 Annual Depreciation Expense 54793 Accumulated Depreciation 54793 2021 34900 1.57 54793 109586 2022 34900 1.57 54793 164379 2023 34900 1.57 54793 219172 e Textbook and Media correct. le assuming actual mileage was: 2020, 31,600; 2021, 37,000; 2022, 27,000; and nit to 2 decimal places, e.g. 15.25 and all other answers to 0 decimal places, e.g. 5,275.) End of Year Annual Depreciation Expense 54793 Accumulated Depreciation 54793 Book Value $ $ 1271679 54793 109586 116886 57 54793 164379 62093 54793 219172 7300