Question 3 In recent years, Pina Colada 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 100,000 5,500 9,000 Useful Life in Years 4 Depreciation Bus Acquired Cost Value Method 113,000 81,600 Straight-line Declining-balance Units-of-activity 10,000 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 110,000. Actual miles of use in the first 3 years were 2018, 27,000; 2019, 35,000; and 2020, 30,000 For Bus #3, calculate depreciation expense per mile under units-of-activity method. (Round answer to 2 decimal places, eg. 0.50.) Depreciation expense 66 per mile LINK TO TEXT VIDEO: SIMILAR