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This one is interesting. Problem 10-02A a1-b In recent years, Swifty Transportation purchased three used buses. Because of frequent turnover in the accounting department, a

This one is interesting.

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Problem 10-02A a1-b In recent years, Swifty 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. Bus Useful Life in Years Acquired 1/1/18 1/1/18 1/1/19 Cost $ 96,500 129,000 94,100 Salvage Value $ 5,000 10,000 8,000 Depreciation Method Straight-line Declining-balance Units-of-activity 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 123,000. Actual miles of use in the first 3 years were 2019, 27,500; 2020, 35,000; and 2021, 30,000. For Bus #3, calculate depreciation expense per mile under units-of-activity method. (Round answer to 2 decimal places, e.g. 0.50.) Depreciation expenses 0.7 per mile LINK TO TEXT Compute the amount of accumulated depreciation on each bus at December 31, 2020. (Round answers to o decimal places, e.g. 2,125.) Accumulated depreciation $ 68625 BUS 1 BUS 2 BUS 3 If Bus 2 was purchased on April 1 instead of January 1, what is the depreciation expense for this bus in (1) 2018 and (2) 2019? (Round answers to 0 decimal places, e.g. 2,125.) (2) 2019 2018 Depreciation expenses

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