Question: Sunland Bus Lines uses the units-of-production method in depreciating its buses. One bus was purchased on January 1, 2024, at a cost of $139,000.

Sunland Bus Lines uses the units-of-production method in depreciating its buses. One bus was purchased on January 1, 2024, at a cost of $139,000. Over its 4-year useful life, the bus is expected to be driven 110,000 kilometres. Residual value is expected to be $7,000. (a) Calculate the depreciable amount per kilometre. (Round answer to 2 decimal places, e.g. 5.25.) Depreciable amount per kilometre eTextbook and Media $ SA per kilometre

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