Question: Whippet Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January 1, 2022, at a cost of $100,000. Over

$100,000. Over its 4-year useful life, the bus is expected to be

Whippet Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January 1, 2022, at a cost of $100,000. Over its 4-year useful life, the bus is expected to be driven 160,000 miles. Salvage value is expected to be $8,000. Compute the depreciation cost per unit. (Round answer to 3 decimal places, eg. 6.251) Depreciation cost per unit $ e Textbook and Media Prepare a depreciation schedule assuming actual mileage was: 2022, 40,000; 2023, 52,000: 2024, 41,000; and 2025, 27.000. (Round depreciation cost per unit to 3 decimal places, e.g. 0.125 and other answers to O decimal places, eg. 125) Computation Years Units of Activity Depreciation Cost/Unit Annual Depreciation Expense Accumulated Depr 2022 $ $ $ 2023 2024 2025 Prepare a depreciation schedule assuming actual mileage was: 2022,40,000: 2023, 52,000; 2024, 41,000; and 2025, 27,000. (Round depreciation cost per unit to 3 decimal places, e.g. 0.125 and other answers to 0 decimal places, eg. 125) ation End of Year Depreciation Cost/Unit Annual Depreciation Expense Accumulated Depreciation Book Value $ $ $ $

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