Question: Blossom Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January 1, 2022, at a cost of $101,000. Over

Blossom Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January 1, 2022, at a cost of

Blossom Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January 1, 2022, at a cost of $101,000. Over its 4-year useful life, the bus is expected to be driven 186,000 miles. Salvage value is expected to be $8,000. Compute the depreciation cost per unit. (Round answer to 3 decimal places, e.g. 6.251) Depreciation cost per unit $ e Textbook and Media Prepare a depreciation schedule assuming actual mileage was: 2022,40,400; 2023, 52,520; 2024, 41,410; and 2025, 51,670. (Round depreciation cost per unit to 3 decimal places, e.g. 0.125 and other answers to 0 decimal places, e.g. 125) Computation End of Year Years Units of Activity_* Depreciation Cost/Unit = Annual Depreciation Expense Accumulated Depreciation Book Value 2022 2023 2024 2025 e Textbook and Media

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