DeCamp Bus Line purchased a Bus on January 1 st of the current year for 105,000. The useful life was setat 5 years or 100,000 miles. The salvage value was determined to be 5,000. The bus was used 15,000miles in the 1 st Year and 12,000 miles in the 2 nd , 3 rd and 4 th Year. Compute the depreciation for all theyears using the following methods:

a) Straight Line Method of Depreciation

b) Double Declining Method of Depreciation

c) Sum of the Years Digit Method of Depreciation

d) The Production Method or Units of Activity Method

Answer rating: 100% (QA)

a Straight Line Method of Depreciation The straightline method of depreciation allocates an equal amount of depreciation expense each year over the us... View the full answer