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Yello Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January 1, 2017, at a cost of $135,800. Over

Yello Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January 1, 2017, at a cost of $135,800. Over its4-year useful life, the bus is expected to be driven92,000miles. Salvage value is expected to be $7,000.

Compute the depreciable cost per unit.(Round answer to 2 decimal places, e.g. 0.50.)

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