Concord Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January 1, 2020, at a cost of $279,842. Over its 7-year useful life, the bus is expected to be driven 162,600 miles. Salvage value is expected to be $8,300. Compute the depreciable cost per unit. (Round answer to 2 decimal places, e.g. 0.50.) Depreciation cost per unit per mile Prepare a depreciation schedule assuming actual mileage was: 2020, 40,600; 2021, 42,000; 2022, 49,000; and 2023, 31,000. (Round cost per unit to 2 decimal places, e.g. 15.25 and all other answers to 0 decimal places, e.g. 5,275.) Computation End of Year Annual Units ofDepreciation Depreciation AccumulatedBook Value Year Activityx Cost /UnitExpense Depreciation 2020 2021 2022 2023