In recent years, Avery Transportation purchased three used buses. Because of frequent turnover in the accounting department, a different accountant was in charge of selecting the depreciation method for each bus, and various methods have been used. Information concerning the buses is summarized in the table below.

For the declining-balance method, the company uses the double-declining rate. For the units-of-activity method, total miles are expected to be 120,000. Actual miles of use in the first 3 years were 2021, 24,000; 2022, 34,000; and 2023, 30,000.

Instructions.
a. Compute the amount of accumulated depreciation on each bus at December 31, 2022.
b. If Bus 2 was purchased on April 1 instead of January 1, what is the depreciation expense for this bus in (1) 2020 and (2) 2021?

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Bus 1 2 3 Acquired Jan. 1, 2020 Jan. 1, 2020. Jan. 1, 2021 Cost $ 96,000 110,000 92,000 Salvage Value $ 6,000 10,000 8,000 Useful Life (in years) 5 45 Depreciation Method Straight-line Declining-balance Units-of-activity