Question $3$ of $9$

$\frac{0\mathrm{.}42}{5}$

Show Attempt.History

Current Attempt in Progress

Sandhill Arrow Ltd$.$ purchased a new bus on October $1,2024,$ at a total cost of $$250,996.$ Management is considering the merits of using the diminishing$-$balance or units$-$of$-$production methods of depreciation instead of the straight$-$line method, which it currently uses for its other buses. The new bus has an estimated residual value of $$25,000,$ and an estimated useful life of either four years or $305,400km.$ Use of the bus will be sporadic so it could be much higher in some years than in others. Assume the new bus is driven as follows: $8,700km$ in $2024$;$101,000km$ in $2025$;$63,500km$ in $2026$;$97,000km$ in $2027$ ; and $35,200km$ in $2028.$ Sandhill Arrow has an October $31$ year end.

$($Create me straight line depreiciation

$,$ double$-$diminishing balance method, units if production$)$