Question: Current Attempt in Progress In recent years, Martinez Transportation purchased three used buses. Because of frequent turnover in the accounting department, a different accountant was



Current Attempt in Progress In recent years, Martinez Transportation purchased three used buses. Because of frequent turnover in the accounting department, a different accountant was in charge of selecting the depreciation method for each bus, and various methods have been used. Information concerning the buses is summarized in the table below. Useful Life Salvage Value Bus Depreciation Method Acquired Cost in Years 1 Jan. 1, 2020 $ 97,300 $8,000 5 Straight-line Jan. 1, 2020 124,000 11,000. 5 Declining-balance 3 Jan. 1, 2021 89,900 8,000 4 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 117.000. Actual miles of use in the first 3 years were 2021. 27.500; 2022, 35,000; and 2023, 31,500. (al) decimal places. es.0.501 2 were 2021,27,500: 2022, 35,000; and 2023, 31,500 (a1) For Bus #3, calculate depreciation expense per mille under units-of-activity method (Round answer to 2 decimal places, eg 0.50) I Depreciation expense $ per mile eTextbook and Media Save for Later Attempts: 0 of 10 used Submit Anwer (a2) The parts of this question must be completed in order. This part will be available when you complete the part above (b) The parts of this question must be completed in order. This part will be available when you complete the part above
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