Question: Exercise 10-05 a-b Sarasota Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January 1, 2020, at a cost

Exercise 10-05 a-b Sarasota Bus Lines uses the units-of-activity method in

Exercise 10-05 a-b Sarasota Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January 1, 2020, at a cost of $255,055. Over its 4-year useful life, the bus is expected to be driven 169,900 miles. Salvage value is expected to be $8,700. Compute the depreciable cost per unit. (Round answer to 2 decimal places, e.g. 0.50.) Depreciation cost per unit per mile LINK TO TEXT Prepare a depreciation schedule assuming actual mileage was: 2020, 51,900; 2021, 56,000; 2022, 36,000; and 2023, 26,000. (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 Accumulated Depreciation Book Value Year X = 2020 2021 2022 2023

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