Question: Problem V-LO 5 - Units of activity method (12 points) Issa travel uses the units-of-activity method in depreciating its cars. One bus was purchased on

 Problem V-LO 5 - Units of activity method (12 points) "Issa
travel" uses the units-of-activity method in depreciating its cars. One bus was

Problem V-LO 5 - Units of activity method (12 points) "Issa travel" uses the units-of-activity method in depreciating its cars. One bus was purchased on January 1, 2016, at a cost of $222,000. Over its five-year useful life, the bus is expected to be driven 100,000 miles. Salvage value is expected to be $22,000. a/ Compute the depreciation cost per unit: (2 POINTS) b/ Prepare a depreciation schedule assuming actual mileage was: (10 POINTS) In 2016: 26,000 In 2017: 24,500 In 2018: 15,000 In 2019: 19,000 In 2020: 15,500

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