Question: HACK NERT Problem 10-02A al-b (Part Level Submission) In recent years, Riverbed Transportation purchased three used buses. Because of frequent turnover in the accounting department,

 HACK NERT Problem 10-02A al-b (Part Level Submission) In recent years,
Riverbed Transportation purchased three used buses. Because of frequent turnover in the

HACK NERT Problem 10-02A al-b (Part Level Submission) In recent years, Riverbed Transportation purchased three used buses. Because of frequent turnover in the accounting department, a different accountant selected the depreciation method for each bus, and various methods were selected. Information concerning the buses is summarized as follows. Cost Bus 1 Acquired 1/1/18 1/1/18 1/1/19 Salvage Value $5,000 10,000 9,000 $ 96,200 121,000 95, 100 Useful Life in Years 4 4 Depreciation Method Straight-line Declining-balance Units-of-activity 2 3 4 For the declining-balance method, the company uses the double-declining rate. For the units-of-activity method, total miles are expected to be 123,000. Actual miles of use in the first 3 years were 2019, 28,000; 2020, 32,000, and 2021, 30,500 (al) your answer is correct. For Bus #3, calculate depreciation expense per mile under units-of-activity method. (Round answer to 2 decimal places, e.g. 0.50.) Depreciation expense 0.7 per mile Click if you would like to show Work for this question: Open Show Work SHOW SOLUTION UNK TO TEXT RCES LINK TO TEXT CALCULATOR PRINTER VERSION #BACK NEXT lon) Attempts: 1 of 5 used udy. (a2) Compute the amount of accumulated depreciation on each bus at December 31, 2020. (Round answers to decimal places, e.g. 2,125.) Accumulated depreciation BUS 1 SL BUS 2 $ BUS 3 Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT Attempts: 0 of 5 used SAVE POR LATER SUBMIT

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