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Problem 9-2A (Part Level Submission) In recent years, Skysong Transportation purchased three used buses

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Problem 9-2A (Part Level Submission) In recent years, Skysong 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.Bus Acquired 1/1/17 1/1/17 1/1/18 1 Cost $ 95,800 130,000 83,660 Salvage Value $ 7,000 10,500 7,500 Useful Life in Years 5 4 Depreciation Method Straight-line Declining-balance Units-of-activity 2 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 112,000. Actual miles of use in the first 3 years were 2018, 24,500; 2019, 36,000; and 2020, 32,500. (al) Your answer is correct. For Bus #3, calculate depreciable cost per mile under units-of-activity method. (Round answer to 2 decimal places, e.g. 0.50.) Depreciable cost 0.68 per mile SHOW SOLUTION SHOW ANSWER LINK TO TEXT VIDEO: SIMILAR PROBLEM
(a2) Compute the amount of accumulated depreciation on each bus at December 31, 2019. (Round depreciable cost per unit to 2 decimal places, e.g. 0.50 and depreciation rate to 0 decimal places, e.g. 15%. Round final answers to 0 decimal places, e.g. 2,125.) Accumulated depreciation BUS 1 $ 17760 BUS 2 $ BUS 3 $ Attempts: 0 of 3 used SAVE FOR LATER SUBMIT ANSWER