* Question 4 In recent years, Bramble 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 Value Useful Life in Years Bus Cost 1 5 Acquired 1/1/18 1/1/18 1/1/19 $ 96,200 111,000 88,000 2 Depreciation Method Straight-line Declining-balance Units-of-activity $ 7,000 12,000 7,500 5 3 5 For the declining-balance method, the company uses the double-declining rate. For the units-of- activity method, total miles are expected to be 115,000. Actual miles of use in the first 3 years were 2019, 26,000; 2020, 35,000; and 2021, 29,000. * Question 4 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 $10.70 per mile Attempts: 1 of 2 used * Question 4 Compute the amount of accumulated depreciation on each bus at December 31, 2020. (Round answers to 0 decimal places, e.g. 2,125.) Accumulated depreciation BUS 1 $ BUS 2 $ BUS 3 $ Attempts: 0 of 2 used