Question: Crane Arrow Ltd . purchased a new bus on October 1 , 2 0 2 4 , at a total cost of $ 2 0

Crane Arrow Ltd. purchased a new bus on October 1,2024, at a total cost of $209,418. Management is considering the merits of using
the diminishing-balance or units-of-production methods of depreciation instead of the straight-line method, which it currently uses
for its other buses. The new bus has an estimated residual value of $21,000, and an estimated useful life of either four years or
303,900km. Use of the bus will be sporadic so it could be much higher in some years than in others. Assume the new bus is driven as
follows: 7,800km in 2024; 101,300 km in 2025; 62,900km in 2026; 97,000km in 2027; and 34,900 km in 2028. Crane Arrow has an
October 31 year end.
(a)
Your answer is incorrect.
Prepare separate depreciation schedules for the life of the bus using: (Round depreciation per unit to 2 decimal places, e.g.5.28 and
final answers to 0 decimal places, e.g.5,275.)
(1) Straight-line method:
2 double diminishing balance method
3 units of production method
 Crane Arrow Ltd. purchased a new bus on October 1,2024, at

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