Question: Bridgeport Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January 1, 2022, at a cost of $221,582. Over
Bridgeport Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January 1, 2022, at a cost of $221,582. Over its 6-year useful life, the bus is expected to be driven 146,700 miles. Salvage value is expected to be $7,400.
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