Whippet Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January 1, 2017, at a cost of $105,000. Over its 4-year useful life, the bus is expected to be driven 190,000 miles. Salvage value is expected to be $8,100. Collapse question part (a) Correct answer. Your answer is correct. Compute the depreciation cost per unit. (Round answer to 3 decimal places, e.g. 6.251) Depreciation cost per unit $Entry field with correct answer SHOW SOLUTION LINK TO TEXT By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor. Attempts: 1 of 2 used Point Potential is enabled You have surpassed the number of attempts to earn Maximum Points for this question. For this attempt, and any subsequent attempt(s), you will earn points according to the Point Potential policy set by your instructor. Collapse question part (b) Prepare a depreciation schedule assuming actual mileage was: 2017, 42,000; 2018, 54,600; 2019, 43,050; and 2020, 28,350. (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 2017 $ $ $ $ 2018 2019 2020 By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor.