Question: Sheridan Bus Lines uses the units-of-production method in depreciating its buses. One bus was purchased on January 1, 2024, at a cost of $117,000. Over

Sheridan Bus Lines uses the units-of-production method in depreciating its buses. One bus was purchased on January 1, 2024, at a cost of $117,000. Over its 4-year useful life, the bus is expected to be driven 100,000 kilometres. Residual value is expected to be $7.000 (a) Calculate the depreciable amount per kilometre. (Round answer to 2 decimal places, eg. 5.25) Depreciable amount per kilometre $ per kilometre

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