Question: Oriole Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January 1,2025, at a cost of $145,000, Over its

Over its 4 -year useful life, the bus is expected to be

Oriole Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January 1,2025, at a cost of $145,000, Over its 4 -year useful life, the bus is expected to be driven 245,000 miles. Salvage value is expected to be $7,800. Prepare a depreciation schedule assuming actual mileage was 2025, 58,000; 2026, 75,400; 2027,59,450; and 2028,52,150. (Round depreciation cost per unit to 3 decimal places, es, 0.125 and other answers to 0 decimal places, eg. 125.) age was 2025,58,000;2026,75,400;2027,59,450; and 2028,52,150. 0.125 and other answers to 0 decimal places, eg. 125.)

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