Pharoah Bus Lines uses the units-of-activity method in depreclating its buses. One bus was purchased on January 1, 2025, at a cost of $146,000, Over its 4 -year useful life, the bus is expected to be driven 246,250 miles. Salvage value is expected to be $8,100. (a) Compute the depreciation cost per unit. (Round answer to 3 decimal places, es 6.251) Depreciation cost per unit Sandhill Co. purchased a new machine on October 1,2025, at a cost of $88,100. The company estimated that the machine has a salvage value of 55,700 . The machine is expected to be used for 80,000 working hours during its 10 -year life. (a) Compute depreciation using declining-balance using double the straight-line rate for 2025 and 2026 . (Round answers to 2 decimal places, es 2,152.75. These transactions took place for Pharoah Ca. 2024 Moy 1 Received a 53,000,12 month, BS, note in excharge for an outstanding account recelvable from R.S Stoney. Dec 31 Accrued interest revenue on the R. Stoney note. 2025 May 1 Recelved principal plus interest on the R. Stoney note. (No interest has been accrued since December 31, 2024.) Record the transactions in the generat journal. The compary does not make entries to accrue interest except at December 31 . Qist all debit entries before credit entries. Credit account tities are outomatically indented when amount is entered, Do not indent manually. Record fournaf entries in the order presented in the probiem. If no entry is resuired, select "No Entry' for the account sitles and enter Ofor the omounts)