Sunland Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January 1, 2022, at a cost of $127,000. Over its 4-year useful life, the bus is expected to be driven 216,000 miles. Salvage value is expected to be $8,200.

(a)

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Compute the depreciation cost per unit. (Round answer to 3 decimal places, e.g. 6.251)

Depreciation cost per unit

$enter the depreciation cost per unit in dollars rounded to 3 decimal places

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(b)

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Prepare a depreciation schedule assuming actual mileage was: 2022, 50,800; 2023, 66,000; 2024, 52,000; and 2025, 47,200. (Round depreciation cost per unit to 3 decimal places, e.g. 0.125 and other answers to 0 decimal places, e.g. 125)

	Computation							End of Year
Years		Units of Activity		Depreciation Cost/Unit	=	Annual Depreciation Expense		Accumulated Depreciation		Book Value
2022		enter units of activity in miles rounded to 0 decimal places		$enter depreciation costs per unit in dollars rounded to 3 decimal places		$enter annual depreciation expenses in dollars rounded to 0 decimal places		$enter end-of-year accumulated depreciation in dollars rounded to 0 decimal places		$enter end-of-year book value in dollars rounded to 0 decimal places
2023		enter units of activity in miles rounded to 0 decimal places		enter depreciation costs per unit in dollars rounded to 3 decimal places		enter annual depreciation expenses in dollars rounded to 0 decimal places		enter end-of-year accumulated depreciation in dollars rounded to 0 decimal places		enter end-of-year book value in dollars rounded to 0 decimal places
2024		enter units of activity in miles rounded to 0 decimal places		enter depreciation costs per unit in dollars rounded to 3 decimal places		enter annual depreciation expenses in dollars rounded to 0 decimal places		enter end-of-year accumulated depreciation in dollars rounded to 0 decimal places		enter end-of-year book value in dollars rounded to 0 decimal places
2025		enter units of activity in miles rounded to 0 decimal places		enter depreciation costs per unit in dollars rounded to 3 decimal places		enter annual depreciation expenses in dollars rounded to 0 decimal places		enter end-of-year accumulated depreciation in dollars rounded to 0 decimal places		enter end-of-year book value in dollars rounded to 0 decimal places