Question: Wildhorse Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January 1, 2025, at a cost of $129,000. Over

$129,000. Over its 4-year useful life, the bus is expected to be

Wildhorse Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January 1, 2025, at a cost of $129,000. Over its 4-year useful life, the bus is expected to be driven 216,250 miles. Salvage value is expected to be $7,900. (a) Your answer is correct. Compute the depreciation cost per unit. (Round answer to 3 decimal places, e.g. 6.251.) Depreciation cost per unit $ End of Year Accumulated Depreciation Book Value \begin{tabular}{|l||} \hline \hline \\ \hline \end{tabular} 7900 Prepare a depreciation schedule assuming actual mileage was 2025,51,600;2026,67,000;2027,52,800; and 2028, 44,850 . (Round depreciation cost per unit to 3 decimal places, e.g. 0.125 and other answers to 0 decimal places, e.g. 125.)

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