Problem 9-2A (Part Level Submission) In recent years, Bramble 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 shown as follows. Useful Life in Years Bus 1 LD Acquired 1/1/17 1/1/17 1/1/18 Cost $ 97,600 114,000 76,200 Salvage Value $ 8,000 11,000 9,000 Depreciation Method Straight-line Declining-balance Units-of-activity For the declining-balance method, the company uses the double-declining rate. For the units-of-activity method, total miles are expected to be 112,000. Actual miles of use in the first 3 years were 2018, 27,500; 2019, 33,000; and 2020, 30,500. (a1) Your answer is correct. For Bus #3, calculate depreciable cost per mile under units-of-activity method. (Round answer to 2 decimal places, e.g. 0.50.) Depreciable cost T 0.6 per mile SHOW SOLUTION SHOW ANSWER LINK TO TEXT VIDEO: SIMILAR PROBLEM Attempts: 1 of 5 used (22) Your answer is correct. Compute the amount of accumulated depreciation on each bus at December 31, 2019. (Round depreciable cost per unit to 2 decimal places, e.g. 0.50 and depreciation rate to o decimal places, e.g. 15%. Round final answers to o decimal places, e.g. 2,125.) Accumulated depreciation BUS 1 53760 BUS 2 89376 BUS 3 36300 SHOW SOLUTION SHOW ANSWER LINK TO TEXT VIDEO: SIMILAR PROBLEM Attempts: 5 of 5 used (b) x Your answer is incorrect. Try again. If Bus 2 was purchased on April 1 instead of January 1, what is the depreciation expense for this bus in (1) 2017 and (2) 2018? (Round answers to 0 decimal places, e.g. 2,125.) (1) 2017 (2) 2018 Depreciation expense 42750 36625 LINK TO TEXT VIDEO: SIMILAR PROBLEM Attempts: 1 of 5 used