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 $307,780. Over its 6-year useful life, the bus is expected to be driven 181,200 miles. Salvage value is expected to be $8,800. (a) Your answer is correct. Compute the depreciable cost per unit. (Round answer to 2 decimal places, e.g. 0.50.) Depreciation cost per unit 1.0 per mile 1.65 Click if you would like to Show Work for this question: Open Show Work SHOW SOLUTION SHOW ANSWER LINK TO TEXT Attempts: 1 of 1 used (b Prepare a depreciation schedule assuming actual mileage was: 2020, 51,200; 2021, 34,000; 2022, 52,000; and 2023, 44,000. (Round cost per unit to 2 decimal places, e.g. 15.25 and all other answers to O decimal places, e.g. 5,275.) Computation End of Year Units of Activity Depreciation Cost / Unit Annual Depreciation Expense Year Accumulated Depreciation Book Value X 2020 2021