Question: Exercise 9-5 (Part Level Submission) Yello Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January 1, 2019, at

Exercise 9-5 (Part Level Submission) Yello Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January 1, 2019, at a cost of $227,125. Over its 4-year useful life, the bus is expected to be driven 132,500 miles. Salvage value is expected to be $8,500 Prepare a depreciation schedule assuming actual mileage was: 2019, 28,500; 2020, 49,000; 2021, 27,000; and 2022, 28,000. (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 Depreciation Depreciation Accumulated Units of Book Value Depreciation Year Activity Cost /Unit = Expense 2019 2020 2021 2022 Click if you would like to Show Work for this question Open Show Work
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